Robinhood Chain Surpasses Ethereum Daily Revenue

Robinhood Chain recorded $2.66 million in app revenue over a 24-hour period on August 31, surpassing Ethereum and Hyperliquid's daily figures, according to DeFiLlama data.

This achievement puts Robinhood Chain ahead of Hyperliquid L1 ($1.70M) and Ethereum ($1.28M), with only Solana ranking higher at $5.07 million.

Three protocols - GMGN, Pons, and Uniswap - contributed to the majority of the revenue, generating 88% of the total app revenue on the chain that day.

GMGN led with $803K, followed by Pons' contribution of $632K, while Uniswap added $235K. These protocols are not focused on tokenized stock trading, but rather memecoin and launchpad flow, as acknowledged by Robinhood CEO Vlad Tenev in a July post.