Robinhood Chain overtakes Hyperliquid in daily app revenue
- —Robinhood Chain: $2.66 million in daily revenue on August 30-31
- —Hyperliquid L1 — about $1.7 million, Ethereum — $1.27 million
- —Three protocols generated 88% of Robinhood Chain's revenue
- —By early September, Solana led with more than $6 million
Why it matters: It shows that the Robinhood L2 network is already competing with the largest DeFi protocols on fees, but the figures are highly volatile.
Source: Crypto Briefing