Robinhood Chain Fees Hit Record High, Boosting Arbitrum DAO Revenue According to DeFiLlama,...

Robinhood Chain Fees Hit Record High, Boosting Arbitrum DAO Revenue According to DeFiLlama, Robinhood Chain generated $3.75 million in daily fees on September 1, marking a new ATH for the fourth consecutive day and making it the highest fee-generating network on the day. Notably, Robinhood Chain shares 10% of its fees with the Arbitrum Foundation, with 80% allocated to the Arbitrum DAO and 20% to the developer fund. This brought the Arbitrum ecosystem’s daily revenue from Robinhood Chain to ~$370k. By comparison, the Arbitrum network itself generated less than $15k in fees on the same day.

Source: Wu Blockchain