Robinhood Chain's $4.5 Million Fee Haul: A Glimpse into L2 Economics

Robinhood Chain, a Layer 2 network built on Ethereum, collected $4.5 million in transaction fees on September 3 while paying Ethereum just $398 for data posting and proof costs.

The figures come from blockchain data provider Bitquery and were shared by South Korean outlet Digital Asset.

The large gap between the two amounts shows how Layer 2 networks can capture a significant portion of transaction fees, while Ethereum receives smaller payments for its underlying infrastructure.