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Robinhood Chain app revenue overtakes Ethereum in daily snapshot

Robinhood Chain’s memecoin-focused launchpad, Pons, generated $5.34 million in fees over 24 hours, while Ethereum’s one day app revenue was $1.28 million.

Reported · Written up by our desk · Market Structure

Robinhood Chain, the two-month-old network built by Robinhood to trade tokenized stocks, generated more app revenue over the past 24 hours than Ethereum, according to DefiLlama data cited by The Defiant.

The DefiLlama measure strips out stablecoin issuers, liquid staking apps and gas fees, isolating revenue attributed to applications. In that snapshot, Robinhood Chain produced $2.66 million in 24-hour app revenue as of 18:30 UTC Monday, compared with Ethereum’s $1.28 million.

Solana led the ranking with $5.07 million, followed by Robinhood Chain, Hyperliquid at $1.7 million, BNB Chain at $886,126, and Base at $438,882.

The report attributes much of Robinhood Chain’s activity to memecoin speculation and its token launchpad, Pons. Pons collected $5.34 million in fees over 24 hours and $16.77 million over seven days, and the chain processed $1.03 billion in decentralized exchange volume over 24 hours, up 12.1% from the prior day.

Latest closeEthereum $2,450.76 ▼0.7%|Solana $101.97 ▼1.0%|BNB $685.68 ▼0.8%

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