Robinhood Chain surpasses Ethereum and Base in daily fees as meme coins and tokenized stocks gain traction.
Tech & Launches ·
Robinhood Chain, launched in July, has begun capturing higher daily transaction fees than both Ethereum and Base. Over the past day, the chain generated $495,477 in protocol revenue compared to $71,703 for Base and $25,746 for Ethereum, marking a significant shift in fee distribution across major networks. Over a 30-day window, Robinhood Chain accumulated $3.13 million in chain revenue, positioning it third globally behind Canton and Tron but ahead of both competing chains.
The surge reflects expanding activity across multiple asset categories on the network. Daily application-level revenue on Robinhood Chain reached $1.84 million, second only to Solana, with decentralized exchange volume hitting $1.19 billion in a single day. Real-world asset volumes have set records for four consecutive sessions, each clearing roughly $115 million—nearly double the chain's July peak. The token launchpad Pons has emerged as a primary driver, recording $690,000 in daily revenue and generating $208.82 million in 30-day DEX volume.
Price action in core infrastructure and meme tokens on the network has accelerated sharply, though it remains unclear whether current metrics will sustain beyond this initial spike. Total value locked climbed to $727.15 million with a 7.4% daily increase, yet whether trading activity and user engagement will stabilize at elevated levels or contract remains an open question.