TLDR
- Robinhood Chain collected $1.07 million in fees on August 30, far more than Base’s $93,215
- The chain processed nearly 12.7 million transactions that day, beating Base’s 8.17 million
- Robinhood Chain ranks third in 30-day chain revenue at $3.13 million, behind Canton and Tron
- Total value locked reached $729.97 million, with a stablecoin supply of $796.7 million
- The Pons token launchpad drove much of the growth, with its token price up 499% in a week
Robinhood Chain launched on July 1, 2026, as a layer-2 blockchain built by Robinhood.
In its first two months, the network has grown faster than most expected.
On August 30, the chain collected $1.07 million in daily fees. That was more than eleven times higher than Coinbase’s Base network, which brought in about $93,215 that same day.
Robinhood Chain also processed nearly 12.7 million transactions on August 30. Base handled 8.17 million transactions during the same period.
Over the past 30 days, Robinhood Chain generated $3.13 million in total chain revenue. That places it third among all tracked blockchains, behind Canton at $49 million and Tron at $26 million.
Base earned $2.89 million in the same 30-day window. Ethereum came in just below that at $2.47 million.
Why Robinhood Is Pushing Into Crypto
Robinhood’s crypto business has struggled in recent months. The company reported $100 million in crypto transaction revenue for the second quarter of 2026, a drop of 38% from the year before.
CEO Vlad Tenev has responded by focusing on tokenization and building out Robinhood Chain. The goal is to repeat what Coinbase did with Base, but at a faster pace.
Robinhood has about 28 million funded accounts. The company wants to move a large share of those users toward services that run on its own blockchain.
The early fee numbers suggest that strategy is starting to work, though it is still early.
Pons Drives Much of the Growth
A token launchpad called Pons has fueled much of the recent activity on Robinhood Chain. Pons generated about $208.82 million in trading volume over the past 30 days.
The platform booked a record $690,000 in revenue on a single Saturday. About 80% of that revenue goes toward buying back and burning its own token.
That buyback structure has pushed the token’s price higher. It traded at $0.3591, up 46% in one day and 499% over the week, after starting near $0.1333 just days earlier.
The token’s market capitalization reached $254.89 million, with $79.58 million in trading volume.
Robinhood Chain’s growth is not limited to Pons. Total value locked on the network reached $729.97 million, according to DeFiLlama data.
The chain has $2.386 billion bridged in overall. Its stablecoin supply sits at $796.7 million, up 7.8% over the past week.
Decentralized exchange volume reached $1.449 billion over 24 hours. Perpetual futures volume added another $353.96 million.
Real-world asset volume on the chain has set records for four straight days, with each day clearing about $115 million. That is nearly double the previous peak of $60 million set in July.
Since launch, Robinhood Chain has processed more than 453 million total transactions.
It remains unclear whether this pace can hold. Daily numbers on young blockchains can swing quickly, and a single day’s fee comparison does not settle which network is ahead long term.
For now, Robinhood Chain’s growth spans several metrics at once, not just one figure, giving Tenev’s tokenization plan its clearest early signal yet.
The post Robinhood Chain Hits $1 Million in Daily Fees Within Two Months appeared first on Blockonomi.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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