Robinhood Chain Revenue Tops $40 Million 70 Days After Mainnet Launch
Minseung Kang
Summary
- Robinhood Chain's mainnet recorded cumulative revenue of $42.58 million within 70 days of launch.
- Robinhood Chain's average daily revenue was about $608,000.
- Of total revenue, Robinhood Chain received 90% and Arbitrum received 10%.
Forecast Trend Report by Period
Robinhood Chain has generated more than $40 million in revenue within 70 days of its mainnet launch.
BlockBeats, a crypto-focused media outlet, reported on September 8 that the chain's cumulative revenue totaled 17,171 ETH, or about $42.58 million. That works out to average daily revenue of about $608,000.
Of the total, Robinhood Chain took 15,454 ETH, or about $38.32 million, accounting for 90% of revenue. Arbitrum, the technology provider, received 1,716 ETH, or about $4.26 million, representing the remaining 10%.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.