Robinhood Chain Sets Record Daily Fees of $6.04 Million

Robinhood Chain recorded a new daily fee high of $6.04 million, lifting its seven‑day annualized revenue projection to about $1.1 billion. The surge is linked to intense memecoin trading and token‑launch activity on the network.

Fee and revenue breakdown

The network collected $6.04 million in transaction fees over the latest 24‑hour period, of which $5.44 million remained as chain revenue after Ethereum settlement costs and fee‑sharing obligations to the Arbitrum ecosystem.

Seven‑day revenue reached $20.33 million, which annualizes to roughly $1.06 billion (commonly rounded to $1.1 billion). The figure is a projection based on a short‑term window and can shift quickly with trading volume.

Key applications driving fees

• GMGN contributed about $2.9 million in revenue in the last 24 hours and $13.84 million over seven days, becoming the chain’s largest revenue source.
• Pons generated $1.24 million in protocol revenue in the same 24‑hour window, with seven‑day and 30‑day totals of $5.95 million and $9.04 million respectively.
• Uniswap added roughly $327,707 to daily application revenue.

These three applications accounted for roughly 93 % of application‑level revenue in the latest snapshot.

DEX volume and tokenized‑stock activity

Decentralized exchanges on Robinhood Chain processed $1.71 billion in trading volume over the past 24 hours. Seven‑day DEX volume hit $9.95 billion, up 105 % from the prior comparable period.

Pons alone handled about $445 million of the daily DEX volume, representing more than half of the total.

Uniswap also facilitated tokenized‑stock trading, with cumulative swap volume exceeding $1 billion in August for assets tracking companies such as Nvidia, Apple and Alphabet.

Network assets and ecosystem

Robinhood Chain’s total value locked (TVL) in native protocols stood at approximately $1.17 billion, while bridged assets reached about $3.03 billion. Stablecoins on the chain held a market cap of roughly $951.8 million, up 26.6 % over seven days.

The chain operates as an Ethereum Layer‑2 built with Arbitrum Orbit technology, using ETH for gas and settling transactions on Ethereum. No native token exists; community‑issued assets such as PONS are not Robinhood securities.

Revenue sharing with Arbitrum

Under the Arbitrum Expansion Program, 10 % of Robinhood Chain’s net revenue is allocated to the Arbitrum ecosystem—8 % to the Arbitrum DAO treasury and 2 % to a developer guild. Applied to the latest $5.44 million daily revenue, this equates to roughly $544,000 before further adjustments.