Robinhood Chain hits record activity two months after launch

Robinhood Chain, launched roughly two months prior, hit record activity with 5.52M daily transactions, $875M in DEX volume and nearly $964K in gas revenue in 24 hours, driven by memecoin trading. The chain has generated over $10 million in cumulative fees, with $1 million flowing to the Arbitrum DAO, and annualized projections of $208.8M to Robinhood and $23.2M to Arbitrum based on the 7-day average.

Detected & updated continuously · Source: Nebula

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