Robinhood Chain set another high in decentralized exchange activity over the past 24 hours, with DEX volume reaching about $1.851 billion, according to DeFiLlama. That marked the sixth consecutive day of record volume for the chain. In DeFiLlama’s cross-chain ranking, Robinhood Chain trailed only Solana at roughly $2.531 billion and remained ahead of Ethereum at about $1.320 billion, BSC at around $1.181 billion, and Base at about $800 million.
The chain also led DeFiLlama’s Chain metrics on both fees and revenue. Over the same 24-hour period, Robinhood Chain generated about $4.45 million in chain fees and roughly $4.01 million in network-level revenue. For comparison, Solana, BSC, Ethereum, and Base together posted about $1.49 million in chain fees and around $288,000 in revenue. On that basis, Robinhood Chain’s single-day revenue was about 13.9 times the combined total of those four networks.
Wallet providers moved quickly to respond to the trading activity. OKX Wallet said users trading Robinhood Chain tokens through its built-in DEX would receive a limited-time full gas subsidy. Binance Wallet also announced a 20% fee discount campaign for Robinhood Chain.
Robinhood Chain recorded about $1.851 billion in DEX volume over the past 24 hours, extending its run of fresh all-time highs to six straight days, according to DeFiLlama data released on Sept. 3.
That total ranked second across all chains, behind Solana at roughly $2.531 billion. It also came in above Ethereum at about $1.320 billion, BSC at around $1.181 billion, and Base at roughly $800 million.
Fees and revenue both topped DeFiLlama’s chain rankings
Over the same period, Robinhood Chain posted about $4.45 million in chain fees and around $4.01 million in chain revenue, with both metrics ranking first under DeFiLlama’s Chain methodology.
On fees, Robinhood Chain’s roughly $4.45 million compared with a combined total of about $1.49 million for Solana, BSC, Ethereum, and Base.
On revenue, Robinhood Chain generated about $4.01 million in network-level income over 24 hours. Base, Solana, Ethereum, and BSC together recorded about $288,000. Based on those figures, Robinhood Chain’s daily revenue was about 13.9 times the combined total of the four networks.
Wallet platforms roll out Robinhood Chain trading incentives
The surge in on-chain trading also drew a response from wallet providers.
OKX Wallet said on Sept. 3 that users who trade Robinhood Chain tokens through the wallet’s built-in DEX will receive a full gas-fee subsidy for a limited time.
Binance Wallet said the same day that it had launched a 20% fee discount campaign for Robinhood Chain.
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