Robinhood Chain Surpasses Solana in Revenue as Gas Subsidy Expires
Robinhood Chain's two-month-old Layer 2 network has out-earned every blockchain on Earth, powered by a memecoin casino and a gas subsidy that expires at the end of September.
The chain generated $4.01 million in revenue on Sept. 2, exceeding Solana ($81,714), Ethereum, and Tron on the same DeFiLlama leaderboard.
However, most of this revenue comes from fees paid by users to third-party applications sitting on top of a subsidized execution layer, rather than actual gas fees paid to validators.
The 90-day gas subsidy covering all Robinhood Wallet transactions expires on Sept. 29, meaning users currently paying zero for trades will face real costs for the first time.