Robinhood Chain Surpasses Ethereum in Daily App Revenue

Robinhood Chain has surpassed Ethereum and Hyperliquid in daily app revenue, just two months after its public mainnet launch. On August 30, Robinhood Chain generated $2.66 million in app revenue, placing it second only to Solana among decentralized finance platforms.

This figure topped both Hyperliquid L1, which brought in $1.7 million, and Ethereum, which managed roughly $1.27 to $1.28 million in the same window.

Three applications accounted for approximately 88% of Robinhood Chain's daily revenue haul: GMGN led the pack at $1.11 million, followed by Pons at $930,587 and Uniswap at $306,877.

The economics of Robinhood Chain are notable, with the network retaining roughly 89% of the fees generated within its network. About 10% flows to the Arbitrum ecosystem, and less than 2% trickles down to Ethereum for settlement and data availability.