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Robinhood Chain apps generate about $2.7M in 24 hours

  • Robinhood Chain apps generated about $2.7 million in 24 hours.
  • GMGN and Pons received most of the reported revenue.
  • Robinhood says it earns a few basis points per transaction, sharing roughly half with Arbitrum.

Apps on Robinhood Chain generated about $2.7 million over 24 hours, with most of the revenue going to applications such as GMGN and Pons. Robinhood’s share was much smaller. The company says it earns a few basis points per transaction, with one basis point equal to one-hundredth of a percentage point, and shares roughly half with Arbitrum.

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