Robinhood Chain is the project of the hour!
The latest numbers make Robinhood Chain the ideal revenue engine, and it looks like it has helped HOOD stock shoot up.
Robinhood Chain fees hit $3.75M
Robinhood Chain had its strongest fee day on September 1. That’s $3.75 million in daily fees and an extended ATH streak of four straight days!
But that’s not all.
The more interesting part is what this means for Arbitrum [ARB].
Robinhood Chain usually shares 10% of its fees with the Arbitrum Foundation. 80% goes to the Arbitrum DAO and the remaining 20% to the developer fund.
That means about $370K in daily revenue for the Arbitrum ecosystem via this route. For context, Arbitrum generated less than $15,000 in fees… on the same day!
Memecoin-stock pairs leading the race?
