Robinhood Chain Posts $51 Million in Q3 Revenue, Surpassing Ethereum
Summary
- Robinhood Chain said its third-quarter network revenue reached about $51 million, topping Ethereum (ETH) by $10 million in the quarter.
- Robinhood Chain said its third-quarter decentralized exchange (DEX) trading volume reached about $65 billion, ranking fourth among all blockchains, while tokenized stock trading totaled about $13.7 billion, ranking second.
- Ark Invest said that as Robinhood Chain’s trading volume rises, network congestion could reduce fee revenue, making it difficult to sustain results similar to those posted in the third quarter.
Forecast Trend Report by Period
Robinhood Chain, the proprietary blockchain of U.S. stock trading platform Robinhood, generated more than $50 million in revenue in the third quarter.
According to Ark Invest’s "Q3 2026 DeFi Report" released on October 21, Robinhood Chain recorded about $51 million in network revenue in the third quarter. That was $10 million more than Ethereum’s roughly $41 million in revenue during the same period.
The third quarter was Robinhood Chain’s first quarter of results after its mainnet launched in July.
Robinhood Chain also ranked fourth among all blockchains in third-quarter decentralized exchange, or DEX, trading volume, at about $65 billion. Of that total, tokenized stock trading accounted for about $13.7 billion, ranking second behind BNB Chain.
Still, Ark Invest said it may be difficult for Robinhood Chain to sustain that level of profitability. In the report, the firm said that as trading volume rises on Robinhood Chain, network congestion could reduce fee revenue, making it harder to repeat its third-quarter performance.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul