Robinhood Chain fees reached a new record on September 1, strengthening its early contribution to the Arbitrum ecosystem. The network generated $3.75 million in daily fees, while cumulative fees reached $11.48 million within two months of launch. The latest figures also lifted total Arbitrum DAO revenue from Robinhood Chain activity.
Fees on Robinhood Chain Reach New ATH
According to DeFiLlama data cited by Wu Blockchain on September 2, Robinhood Chain generated $3.75 million in fees on September 1. This marked a new all-time high for the fourth consecutive day and made the network the highest fee-generating blockchain that day.
The latest daily figure follows Arbitrum’s September 1 update, which reported that the Robinhood had accumulated $11.48 million in fee revenue since launching. Moreover, the network is now annualizing at a $60 million revenue run rate after only two months of operation.
Arbitrum DAO Revenue Gains From Fees
Robinhood Chain’s fee-sharing structure also connects its growth directly with the Arbitrum ecosystem. Specifically, a fix 10% of the network’s fees are shared with the Arbitrum foundation. Of that allocation, 80% goes to the Arbitrum DAO, while the remaining 20% is directed toward a developer fund.
Based on the September 1 daily fees, this arrangement generated approximately $370K in revenue for the broader Arbitrum ecosystem. Consequently, fees on Robinhood Chain are becoming a notable source of revenue for Arbitrum despite the network’s relatively short operating history.
Fees on Chain Outpace Arbitrum
Notably, chain’s daily fee generation was substantially higher than that of Arbitrum itself on September 1. The Arbitrum network generated less than than $15K in total fees that day, compared with Robinhood Chain’s $3.75 million.
As fees on the chain continue to rise, its fee-sharing structure is also increasing the revenue flowing toward the Arbitrum DAO and developer fund.