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Robinhood Chain's DEX trading volume reached $1.33 billion over the past 24 hours, surpassing Ethereum, BSC, and Base networks.

2026.08.31 18:52:08

According to DefiLlama data, Robinhood Chain’s 24-hour DEX trading volume hit ~$1.33 billion, marking four consecutive days of new all-time highs for daily volume. Its 7-day trading volume stood at ~$6.16 billion, with a week-over-week growth of roughly 79%. The $1.33 billion daily volume outpaced concurrent figures from Ethereum Mainnet ($993 million), BNB Chain ($962 million), and Base ($881 million), ranking second only to Solana ($1.86 billion). Notably, Robinhood Chain’s DeFi TVL is just $725 million—roughly 13% of Solana, Base, and BSC’s respective TVLs, and around 1.5% of Ethereum’s. However, driven by high meme coin trading activity, Robinhood Chain generated $1.07 million in chain fees over the past 24 hours, equal to the combined fees of Ethereum ($362,000) and Solana ($677,000) in the same period, making it the highest-fee chain across the network (excluding application layers). According to DefiLlama’s retained revenue calculations based on on-chain economic models, Robinhood Chain’s 24-hour revenue reached $963,000, far exceeding Ethereum ($70,000), Solana ($84,000), BSC ($44,000), and Base ($93,000)—three times the combined revenue of these other major public chains. This does not mean Robinhood’s overall ecosystem revenue has surpassed Solana or Ethereum, as DefiLlama’s on-chain revenue metric only measures network-level income. Robinhood Chain’s outlier revenue is essentially a result of the meme coin trading boom combined with its L2 sequencer economic model. Unlike Ethereum, Solana, BSC, and other chains, Robinhood Chain retains most user gas fees after covering Ethereum data costs and Arbitrum royalty splits, so network-level revenue is rapidly amplified when high-frequency meme coin trading surges.

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