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Robinhood Chain Generates Over $42 Million in Revenue in First 70 Days, Averaging $608,000 Daily

OdailyOdaily

Odaily News: According to on-chain analyst Yu Jin's monitoring, Robinhood Chain has generated a total revenue of $42.58 million (approximately 17,171 ETH) in the 70 days since its launch, with an average daily revenue of about $608,000.

In terms of revenue distribution, Robinhood Chain receives 90% (approximately 15,454 ETH, equivalent to $38.32 million), while Arbitrum, as the technology provider, takes 10% (approximately 1,716 ETH, equivalent to $4.26 million).

Robinhood Chain was officially launched in July this year. It is an L2 network built on the Arbitrum Orbit architecture, jointly launched by Robinhood and Arbitrum. In just over two months since its launch, it has delivered a revenue performance exceeding $40 million, reflecting the growth potential of trading activity and user scale, and also providing a new observation sample for the L2 track in the direction of integrating compliant CeFi and DeFi.

This content is for informational and educational purposes only and does not constitute investment advice related to BTCC. BTCC makes every effort but cannot guarantee the truthfulness, accuracy, or originality of the content above.