- Pons generated about $5.95 million of fees in 24 hours, ranking fourth among DefiLlama-tracked protocols; Robinhood Chain collected about $4 million, roughly one-fifth of its nearly $20 million lifetime fees since launching in July.
- The Pons launchpad processed nearly 25,000 token launches on Sept. 2 and $544 million of 24-hour trading volume, showing memecoin activity has become a major early driver of Robinhood Chain usage.
- Prediction markets generated $156 million of Robinhood's Q2 revenue from event contracts, its second-largest transaction-based revenue line behind options, as litigation over state regulation of sports contracts advances.
- Robinhood Chain also created a licensing-income stream for Arbitrum DAO, with licensing fees accounting for 35% of DAO income in July, its first month live on mainnet.
Quotes
“We have gotten a lot of developer activity too”
“an open, nationwide financial exchange”
Sources
- A memecoin making app becomes crypto’s top fee generators as Robinhood Chain activity explodesCoinDesk
- Robinhood Prediction Markets Face Supreme Court Test as New Jersey Takes On KalshiYahoo Finance
- Arbitrum DAO reports $6.2 million in first-half income as Robinhood Chain adds new revenue streamThe Block