Robinhood Chain out-earns Solana and BNB Chain with $33M in fees over 15 days

Robinhood’s own blockchain racked up roughly $33 million in trading fees over a 15-day stretch in September, eclipsing Solana and BNB Chain combined during the same period. Solana brought in about $11 million while BNB Chain managed approximately $9 million. How a brokerage became a fee machine Robinhood Chain launched its mainnet on July 1, 2026, built as an Ethereum Layer-2 network using Arbitrum’s Orbit technology. The company retains approximately 90% of all fees collected on the chain. About 10% flows to the Arbitrum treasury and development funds, while less than 1% goes to Ethereum for base-layer gas costs. Since launch, the chain has accumulated around $39 million in cumulative fees. Total value locked sits at roughly $1.5 billion. Decentralized exchange volume has topped $50 billion. Analysts at Bernstein flagged Robinhood Chain’s fee performance in a recent note, maintaining an Outperform rating on Robinhood Markets stock with a $160 price target. Tokenized stocks and memecoins driving the traffic Tokenized stock holdings on the platform surged from about $10 million to roughly $140 million within two months. Memecoins and high-frequency decentralized trading have become ...