Robinhood’s decentralized exchange (DEX) has made significant strides, outperforming both Ethereum and Base in transaction fees since its blockchain launch on July 1. In just two months, Robinhood Chain has generated $3.13 million in fees, placing it third among all blockchain networks, following Canton and Tron. In the last 24 hours alone, Robinhood collected $495,477 in fees, dwarfing Base’s $71,703 and Ethereum’s $25,746.
While Ethereum leads in 30-day revenue with $45.84 million compared to Robinhood’s $21.05 million, the latter’s apps have also seen impressive earnings. Robinhood Chain applications generated $1.84 million in the past day, ranking second behind Solana’s $5.03 million and surpassing Ethereum’s $1.14 million.
In addition to fee revenue, the Robinhood Chain has shown remarkable growth in total value locked, which reached $727.15 million, a 7.4% increase in just one day. The bridged amount totaled $2.32 billion, and the stablecoin supply rose to $769.44 million, reflecting a weekly increase of 7.8%. DEX volume hit $1.19 billion in the last 24 hours, with perpetual contracts contributing an additional $189.86 million.
