DeFiLlama The scrolling panel shows that on August 31, Robinhood Chain recorded 2.66 million US dollars in 24-hour application revenue, briefly surpassing Ethereum, Base, and Hyperliquid. This data reflects the protocol revenue retained by on-chain applications and is not equal to the revenue of Robinhood company itself.
The 24-hour coverage rate once rose to the top.
According to the snapshot at that time, the application revenue of Robinhood Chain was approximately 2.66 million US dollars. During the same period, Hyperliquid L1 was around 1.71 million US dollars, Ethereum was about 1.57 million US dollars, and Base was approximately 439,000 US dollars. Based on this set of data, Robinhood Chain was about 6.1 times that of Base.
However, this ranking is based on a rolling 24-hour window and continues to change as new transactions are added and old ones are removed. Earlier in the same day, the Robinhood Chain revenue displayed on the panel was even lower than this level. The difference mainly stems from changes in the statistical window and does not indicate that the financial figures have been corrected.
Three apps contribute about 93% of the revenue.
Robinhood Chain The daily revenue was mainly concentrated in a few applications. GMGN topped the list with approximately $1.11 million, Pons was around $1.03 million, and Uniswap was about $328,000. Together, these three accounted for nearly $2.47 million, which is about 93% of the chain's total application revenue for that day.
This means that the recent one-day surge of Robinhood Chain was mainly driven by trading robots, token issuance, and decentralized trading activities. Among them, Pons has also been expanding its presence on Robinhood Chain recently, including introducing bonding and curve based on ETH, as well as integrating with Uniswap and v4.
Still lagging behind the two major networks after 30 days
DeFiLlama Data also shows that the 24-hour application revenue of Robinhood Chain has increased by 201% compared to the previous week, with a cumulative amount of 23.23 million US dollars over 30 days. However, if we extend the time frame to 30 days, the ranking will change.
During the same period, the 30-day application revenue for Hyperliquid L1 was approximately 53.6 million US dollars, while that for Ethereum was around 52.03 million US dollars, both of which are higher than those of Robinhood Chain. This indicates that Robinhood Chain is currently briefly leading in a single-day snapshot, but has not yet overtook these two networks over a longer time period.
Application revenue is not the same as blockchain revenue.
Application revenue refers to the fee income that ultimately remains after the protocol pays liquidity providers, referrers, or other participants. It is different from the total user handling fees and transaction volume, as well as the revenue retained by the underlying blockchain itself.
DeFiLlama According to another estimate, Robinhood Chain's own on-chain income in the past 24 hours was approximately $964,000. This figure mainly accounts for the remaining amount after deducting Ethereum execution costs, Blob costs, and Arbitrum Expansion Program commissions from Gas's expenses.
Robinhood Chain is built on Arbitrum technology and is Ethereum-compatible. Robinhood launched its public mainnet on July 1st, focusing on tokenized assets and decentralized financial applications. The data for the next 7 days and 30 days will still determine whether this short-term lead can be sustained.
