Robinhood Chain Surpasses Ethereum in Daily App Revenue
- On August 30, Robinhood Chain apps generated $2.66 million in revenue over a single day.
- Uniswap, Gmgn, and Pons accounted for approximately 88% of Robinhood Chain’s daily revenue.
- Robinhood Chain’s daily app revenue exceeded that of Ethereum at $1.27 million and Hyperliquid L1 at $1.7 million on the same day.
- Arbitrum-built Layer2 launched its mainnet on July 1, quickly surpassing other networks in specific metrics.
- Hyperliquid processed $8.9 billion in perpetuals volume on a single day in July, maintaining dominance in trading volume.
Robinhood Chain has rapidly gained attention by surpassing established networks like Ethereum and Hyperliquid in daily app revenue metrics shortly after its launch on July 1. The chain’s success is driven by popular apps such as Uniswap, Gmgn, and Pons, which together contributed significantly to its earnings on August 30.
Despite Robinhood Chain’s impressive app revenue figures, Hyperliquid remains dominant in trading volume with substantial perpetuals activity, highlighting different strengths across platforms ( Source )
