Onchain App Revenue Hits 2025 High at $467.66 Million in September

  • Onchain applications generated $467.66 million across 356 chains in September.
  • Solana led with $144.25 million, followed by Robinhood Chain at $84.39 million.
  • Robinhood Chain nearly tripled its roughly $30 million revenues from July and August.

Onchain applications generated $467.66 million in revenue across 356 chains in September, a 27% increase from August and the highest monthly total since October last year. Solana led with $144.25 million, or about 31% of the total, followed by Robinhood Chain at $84.39 million, Hyperliquid at $60.56 million, Ethereum at $55.43 million and Binance Smart Chain at $38.71 million. App revenue measures fees retained by applications after payments to liquidity providers, lenders or token creators, excluding stablecoin issuers, liquid staking protocols and blockchain gas fees. Solana recorded its strongest month since January, driven largely by launchpads and memecoin trading, while Robinhood Chain's September revenue nearly tripled its roughly $30 million totals in July and August. Earlier coverage cited Solana app revenue of $180 million, a figure superseded here by the DefiLlama-based accounting across 356 chains.

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