Robinhood Chain Surpasses Ethereum in Daily App Revenue

Robinhood Chain surpassed Ethereum in daily app revenue last week, according to data from DefiLlama. The milestone came after applications on the network earned $2.66 million over a 24-hour period.

This figure is nearly twice what applications on Ethereum brought in during the same time and significantly more than other networks like Base.

The record activity was driven by memecoin launchpads, particularly GMGN and Pons, which generated around $2 million of the chain's app revenue. Uniswap contributed an additional $307,000, accounting for nearly 88% of the total.

Most of the tokens launched on Robinhood Chain are speculative coins built around jokes, animals, or internet trends rather than businesses or real-world assets.