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      Arbitrum has received approximately $1.3 million in revenue share from Robinhood Chain, ARB up 46.7% in two weeks

      PANews, September 2 - According to the latest data from arbdata, Robinhood Chain has accumulated fee revenue of $13.05 million just two months after launch, reaching a record high. Based on the annualized average of fee revenue over the past 30 days, its annualized revenue scale is approximately $110 million.

      Based on current cumulative revenue, about $1.3 million will flow directly to the Arbitrum ecosystem. Under the partnership license agreement between the two parties, Robinhood Chain is required to return 10% of its protocol net revenue to the Arbitrum ecosystem, with 8% going to the Arbitrum DAO treasury and 2% to the Arbitrum Developer Guild.

      Meanwhile, ARB has shown strong performance recently. CoinGecko data shows that ARB has risen by 46.7% over the past two weeks. Market enthusiasm may be driven by factors such as the ArbOS Elara upgrade introducing optional compliance filters, and Robinhood Chain's rapid growth raising revenue expectations for the Arbitrum ecosystem.

      It should be noted that ARB faces significant monthly token unlock pressure, with the unlock cycle lasting until March 2027. The next unlock is expected to take place on September 23, releasing approximately 139.2 million ARB, worth about $15.2 million at current prices, accounting for about 1.4% of the total supply.


      Source: PANews
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