Robinhood 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. Summary Robinhood Chain generated $6.04 million in fees and retained $5.44 million in daily revenue. Seven-day revenue reached $20.33 million, equal to an annualized rate of roughly $1.06 billion. GMGN and Pons have become two of the largest application-level revenue sources on the network. Robinhood Chain recorded $1.71 billion in decentralized exchange volume over the latest 24 hours. Robinhood Chain daily fees reach $6.04 million DefiLlama data showed Robinhood Chain collecting $6.04 million in transaction fees over the latest 24-hour period, exceeding the previous level of about $4.6 million and setting a record for the network. After deducting Ethereum settlement expenses and Robinhood Chain’s fee-sharing obligations to the Arbitrum ecosystem, the network retained approximately $5.44 million as chain revenue. Fees refer to the total amount users paid, while revenue measures the portion kept by the network after associated costs and allocations. Robinhood Chain generated $20.33 mil...