Robinhood Chain daily fees hit record $6 million
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Cryptocurrency News | Cryptocurrency Prices | Market CapRobinhood Chain daily fees hit record $6 million
Robinhood Chain has set a daily fee record of $6.04 million, lifting its seven-day annualized revenue rate to approximately $1.1 billion as memecoin trading and token launches drive network activity. Robinhood Chain daily fees reach $6.04 million DefiLlama data showed…
ChainCatcher reports that DeFi researcher Ignas stated that Robinhood previously set a record of over $6 million in daily transaction fees, with approximately 10% flowing to Arbitrum, leaving a "meager" share for Ethereum L1. Ignas believes this model may not be entirely unacceptable. Just as Uber initially used subsidies to achieve growth, Ethereum could attract traditional financial businesses into its ecosystem through L2, gradually increasin…
Robinhood Chain recorded a record $6.04 million in daily commissions, in a context of strong memecoin trade, token launches and a $1.710 million DEX volume. The figure raised its annualized revenue rate to approximately $1.1 billion, although the projection depends on exceptionally intense activity and does not amount to audited corporate revenue.
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