Robinhood Chain Surpasses Ethereum and Hyperliquid in 24-Hour App Revenue

Robinhood Chain's apps generated $2.66 million in revenue over 24 hours on August 30, beating Ethereum and Hyperliquid L1 on the same metric.

The three apps that did most of the work were Gmgn, Pons, and Uniswap, which combined for about 88% of Robinhood Chain's revenue that day.

While this is a notable achievement for a relatively new chain like Robinhood Chain, it's worth noting that Hyperliquid still processed $8.9 billion in perpetuals volume in a single July day, and captures an estimated 9% of the world's perpetual contract open positions.