Robinhood Chain accounted for most of Uniswap’s recent fee flow as a governance vote advanced that could expand UNI token burns to v4 pools across multiple networks.
Uniswap is generating about $5.2 million in daily fees, with DefiLlama showing $5.16 million over the past 24 hours and Robinhood Chain contributing $4.38 million of that total. Hayden Adams said the protocol was out-earning every crypto project except the stablecoin issuers behind USDC and USDT, underscoring how quickly activity has shifted to Robinhood’s blockchain since its July 1 launch. Ethereum contributed about $296,000 in 24-hour fees and Base about $288,000, while Robinhood Chain, built on Arbitrum’s technology, has surpassed 220,000 daily traders and reached $1 billion in cumulative volume in nine days. Across 47 chains, Uniswap logged $2.112 billion in 24-hour DEX volume, more than five times PancakeSwap. The fee figures do not equate to protocol income, however: DefiLlama shows 24-hour revenue of $73,454, with most fees going to liquidity providers rather than directly to the treasury or UNI holders. A Snapshot vote running from July 7 to July 12 would extend Uniswap’s fee-and-burn mechanism to v4 pools, with early results showing more than 93% approval and about 13.9 million UNI votes in favor.