Robinhood Chain Surges Past Major Networks in Revenue Milestone

Routine network fees at Robinhood Chain reached $4.45 million in a single 24-hour period, outpacing major networks including Canton and Tron.

The data from DefiLlama's dashboard ranked Robinhood Chain first on the 24-hour chain-revenue table with $4.01 million in revenue retained by the network after costs and revenue sharing.

Gross transaction fees were significantly higher, reaching $4.45 million during the same period. Users pay these fees in ETH.

The surge can be attributed to various activities on the chain, including trading, swaps, token launches, and automated execution by platforms such as GMGN.