Uniswap posts record $14.81 million monthly revenue as Robinhood Chain drives over half

Uniswap just had its best month ever, and most of the credit goes to a blockchain that didn’t exist in June. The decentralized exchange generated $14.81 million in protocol revenue in September 2026. Robinhood Chain, a Layer-2 network that went live on July 1, 2026, accounted for 53% of that total. A newcomer carries the quarter Token Terminal released September figures based on on-chain data in early October 2026. Its numbers put Uniswap’s protocol revenue at approximately $14.7 million, the highest monthly figure the protocol has recorded to date. Robinhood Chain’s 53% slice works out to roughly $7.8 million. In other words, one network out-earned all of Uniswap’s other deployments combined. The engine behind that surge was trading in tokenized stocks and other assets. Tokenized stocks are blockchain-based tokens designed to track the value of traditional equities, letting users trade them on-chain rather than through a conventional brokerage. Why the fees were so rich Uniswap’s average fee capture on Robinhood Chain sits at 0.465% per trade. Across Uniswap globally, the average is 0.214%. Uniswap also dominated the chain’s trading flow. On September 1, 2026, Robinhood Chain proc...