Robinhood Chain Surge Boosts Arbitrum Revenue to Record Levels
The Arbitrum ecosystem has seen a significant surge in revenue thanks to the rising popularity of Robinhood Chain.
According to DeFiLlama data, Robinhood Chain generated approximately $3.75 million in daily fee revenue on September 1st, reaching an all-time high for the fourth consecutive time.
This has propelled Robinhood Chain to the top fee-generating blockchain network of the day, with a substantial share of its revenue going to the Arbitrum Foundation.
The Arbitrum DAO and developer fund also receive a portion of the revenue, with 80% going to the DAO and 20% to the developer fund.