Robinhood Chain is generating between $3.75 million and $4.5 million in daily fees, translating to an annualized run rate exceeding $1 billion for this Ethereum Layer 2 that launched on July 1, 2026. The network has accumulated $13 million in cumulative fees in just two months of operation, retaining 89% of net revenue after paying Arbitrum a 10% cut for using its Orbit stack. Daily DEX volume regularly surpasses $1 billion, with peaks at $1.49 billion, driven primarily by memecoin trading. Arbitrum’s 10% share already represents tens of millions of dollars annually and is growing rapidly.
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