Robinhood Chain Apps Generate $2.7M in 24 Hours
Most of the revenue went to third-party apps like GMGN and Pons rather than Robinhood.
A CryptoSlate report states that apps on Robinhood Chain produced about $2.7 million in revenue over 24 hours. Robinhood receives only a few basis points per transaction and shares roughly half of that with Arbitrum, leaving its own share much smaller. The bulk of the revenue went to apps such as GMGN and Pons. The linked article notes Robinhood Chain revenue topped $2.6 million across apps but says the fee split makes the impact on corporate earnings unclear.
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Robinhood Chain Apps Generate $2.7M in 24 Hours
Most of the revenue went to third-party apps like GMGN and Pons rather than Robinhood.
A CryptoSlate report states that apps on Robinhood Chain produced about $2.7 million in revenue over 24 hours. Robinhood receives only a few basis points per transaction and shares roughly half of that with Arbitrum, leaving its own share much smaller. The bulk of the revenue went to apps such as GMGN and Pons. The linked article notes Robinhood Chain revenue topped $2.6 million across apps but says the fee split makes the impact on corporate earnings unclear.