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      Robinhood Chain Generates $42 Million in Revenue in First 70 Days

      Robinhood Chain, a Layer-2 blockchain network launched by Robinhood Markets, has generated approximately $42.58 million in revenue within its first 70 days of operation. The network, which went live on July 1, is currently earning about $608,000 daily, with its revenue peaking at $2.66 million on its highest-performing day. The chain has even surpassed Ethereum in daily application revenue on several occasions.

      Initially marketed as a platform for tokenized stocks and real-world assets, Robinhood Chain's primary revenue has instead come from memecoin trading activities. This includes a launchpad called Pons and trading tools like GMGN, transforming the network into a hub for speculative trading rather than its original intent of facilitating tokenized assets. The total value locked in the chain has exceeded $1.5 billion, while decentralized exchange volume has surpassed $50 billion.

      Built on Arbitrum’s Orbit stack, Robinhood Chain retains approximately 90% of the fees generated, amounting to around $38.32 million, with Arbitrum receiving the remaining 10%. Investment research firm Bernstein has noted the chain's impressive financial performance, estimating cumulative fees at about $39 million and projecting annual revenues could reach $160 million by 2028. Bernstein has maintained an Outperform rating on Robinhood Markets stock, setting a price target of $160.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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