Robinhood Chain's 24-hour fee revenue falls to $1.87M, overtaken by GMGN

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On-chain data shows that Robinhood Chain’s 24-hour fee revenue dropped to $1.87 million, falling below GMGN’s $2.05 million. The chain had previously maintained daily revenue above $2 million for several days. Over the past seven days, Robinhood Chain earned $21.44 million, ranking second behind Tether ($96.97 million) and Circle ($39.51 million). On-chain analysis reveals ongoing competition among stablecoin protocols for fee dominance.

According to DeFiLlama data, Robinhood Chain's fee revenue over the past 24 hours dropped to $1.87 million, surpassing GMGN ($2.05 million).

Previously, this chain had maintained fee income of over $2 million for several consecutive days.

Over the past 7 days, Robinhood Chain generated $21.44 million in revenue, ranking second only to Tether ($96.97 million) and Circle ($39.51 million).

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