Robinhood Chain Generates $42.58 Million in Revenue 70 Days After Launch
Suehyeon Lee
Summary
- Robinhood Chain recorded cumulative revenue of about 17,171 Ether (ETH), or roughly $42.58 million, in the 70 days after launch.
- Average daily revenue was about $608,000.
- Of total revenue, about 90% — 15,454 ETH ($38.32 million) — went to Robinhood Chain, while 10% — 1,716 ETH ($4.26 million) — was allocated to Arbitrum.
Forecast Trend Report by Period
Robinhood Chain generated more than $40 million in cumulative revenue during the 70 days following its launch.
Wu Blockchain, citing Arkham data on September 8, reported that Robinhood Chain recorded revenue of about 17,171 Ether during that period. At current prices, that is worth about $42.58 million, with average daily revenue of about $608,000.
About 90% of the total revenue went to Robinhood Chain, equivalent to roughly 15,454 ETH, or $38.32 million.
The remaining 10%, or about 1,716 ETH worth $4.26 million, was allocated to Arbitrum, the technology provider for Robinhood Chain.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.