Robinhood’s own blockchain is now making more money per day than the network it’s built on top of. By late August 2026, Robinhood Chain was pulling in roughly $2.66 million in daily fee revenue, compared to Ethereum’s $1.57 million and Base’s $439,000.
For a chain that launched barely two months prior, those numbers represent one of the fastest ascents in Layer 2 history. And the kicker: much of this growth was fueled by a promotional gas subsidy that made transactions effectively free for users.
From zero to 7 million transactions in 11 days
Robinhood Chain went live on July 1, 2026, built on Arbitrum Orbit technology. Within roughly ten days, the network was processing over 7 million daily transactions.
In its first full month of operation, the chain generated approximately $3.6 million in transaction fees. That represented about 38% of total fees across major L2 platforms for the period.
