Robinhood Chain Surpasses Ethereum in Daily Revenue with Record-Breaking DEX Volume

Robinhood Chain set a new record on August 31 by achieving $989 million in decentralized exchange trading volume within 24 hours. This milestone coincided with the network reaching an unprecedented $708 million in total value locked, representing a nearly 100% monthly gain.

The platform's daily app revenue reached $2.66 million, surpassing both Ethereum and Hyperliquid L1. The three primary sources of revenue were GMGN, Pons, and Uniswap, which collectively accounted for 88% of the network's total app revenue on that day.

GMGN, a Telegram-based trading bot, generated $803,000 in revenue, while Pons, a chain-native token launchpad, brought in $632,000. Uniswap contributed $235,000 after implementing fees on Robinhood Chain in late July.