Exchange Ranking
Top Exchanges
24h Volume Ranking
Popularity Ranking
Exchange BTC Balance
Proof of Reserves
Decentralized Exchanges
Funding Rate
Funding Heatmap
Liquidation Data
Max Pain
Long/Short Ratio
Whale L/S Ratio
Binance/Okex/Huobi L/S
Bitfinex Margin L/S
ETF Tracker
Solana ETF
XRP ETF
Hong Kong ETF
Bitcoin Treasuries
Crypto Reversal
Ethereum Reserves
HyperLiquid Wallet Analysis
Hyperliquid Whale Watch
Large Transactions
On-chain Movement
Bitcoin ROI
Stablecoin Market Cap
Options Analysis
News
Articles
Economic Calendar
Features
Wallet
Contract Calculator
Security
Collections
Watchlist
FollowingRobinhood Chain sets record fees, chain activity surges
On September 4, Robinhood Chain single-day fee revenue hit a record high of US$6 million, marking the network's extraordinary growth over the past week. Within seven days, the chain generated a cumulative fee of approximately US$25 million, a significant increase from US$1.4 million in the previous week. In just a few days, fee income has jumped 17 times.
Robinhood Chain is an Ethereum Layer 2 network built based on the Arbitrum Orbit technology stack. The network will be officially launched on the public main network on July 1, 2026. It has fast block time and natively supports tokenized stocks and stablecoins. Although it has only been established for two months, it has surpassed some more mature networks in terms of average daily fee indicators. According to DeFiLlama, in at least one recent one-day comparison, it outperformed the Ethereum main network and Coinbase's Base network.
The surge in fees coincides with a sharp rise in decentralized exchange (DEX) activity. Weekly DEX trading volume reached $12.4 billion, more than double last week's level.
Pons contributes the majority of chain revenue
Most activity can be traced to a single application: Pons ($PONS). Pons is a native governance and utility token for the unmanaged token launch platform (Launchpad) deployed on Robinhood Chain, designed to democratize the token creation process and capture value from platform activities.
It should be emphasized that Pons is not an official Robinhood product. It is a protocol independently developed by Pons Labs, LLC with an unmanaged architecture and chose to be deployed on top of Robinhood Chain.
Pons contributed to the significant increase in fees. As activities accelerated, its fee revenue for a single day on September 3 was close to $6 million. The platform allows users to deploy a fixed supply of Memecoin approximately 30 seconds without writing code. On August 30, 2026, the platform minted 22,581 new tokens in one day. Currently, more than 167,000 tokens have been officially launched on the Pons launch platform.
The agreement uses part of the transaction fee to automatically repurchase and destroy $PONS tokens, thereby forming a deflation mechanism linked to platform usage. This token economy structure has contributed to strong price movements. In the past week, the price of the $PONS token has increased by more than 200%, and its market value has exceeded US$970 million.
The bigger question is whether this momentum can be sustained. Pons 'dominant position is not unshakable. A 90-day gas fee exemption policy that makes low-cost, high-frequency deployments possible is expected to expire at the end of September, amid increasing competition from other launch platforms.
