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Robinhood Chain Apps Out-Earn Ethereum in 24-Hour Revenue

Robinhood Chain Apps Out-Earn Ethereum in 24-Hour Revenue

Apps built on Robinhood Chain pulled in about $2.66 million in revenue over 24 hours on Aug. 30, edging out Ethereum's roughly $1.27 million. The network ranked second among tracked chains, behind Solana's $5.07 million. The figure is application revenue, not Robinhood's own take.

What drove the numbers

Three apps did most of the heavy lifting. GMGN, Pons, and Uniswap together generated about 88% of Robinhood Chain's app revenue that day. Pons, a token-launch platform, minted roughly 22,600 tokens in a single day on Aug. 30, up more than 40% from the day before. Uniswap recorded about $432 million through its newest version and $357 million through the previous one on Robinhood Chain.

A trading-led moment

The revenue spike came alongside record activity. Robinhood Chain hit an all-time high of 5.52 million transactions in one day and roughly $875 million in decentralized-exchange trading on Aug. 30. Solana remains the only tracked chain above Robinhood Chain in revenue, a sign of how quickly the network has become a trading hub.

From tokenized stocks to memecoins

Robinhood Chain launched on July 1, 2026, with tokenized stocks as its flagship use case. But memecoins have become the defining activity. The shift is stark: a network built for traditional assets is now driven by speculative token launches. Whether that momentum holds once the memecoin cycle cools is the open question.