Robinhood Chain Gas Fees Hit $4.45 Million as Memecoin Activity Strains Network

  • Robinhood Chain collected $4.45 million in gas fees on Sept. 2.
  • Sept. 2 fees exceeded Ethereum, Solana and Tron combined.
  • Robinhood covers eligible in-app swap fees through Sept. 29, 2026.

Robinhood Chain collected $4.45 million in user-paid gas fees on Sept. 2, exceeding the combined gas fees of Ethereum, Solana and Tron, as memecoin issuance and trading drove its base fee sharply higher. The daily total was 82 times the $54,254 recorded on Aug. 22. DefiLlama figures, reported by The Defiant, include Robinhood Chain execution and the Ethereum data component. The network generated $12.44 million in gas fees over seven days, representing two-thirds of its $18.45 million total since the July 1 mainnet launch. Robinhood covers eligible crypto and stock-token swap fees inside its wallet app through Sept. 29, 2026, while users trading through third-party applications, bridges, transfers or the dapp browser pay the prevailing network rate. Arbitrum’s 10% fee share reduced Robinhood’s Sept. 2 retention to $4.01 million.

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