Robinhood Chain Generated $51.1 Million in Fees in Its First 92 Days

Robinhood Chain generated $51.11 million in transaction fees during its first 92 days, while Ethereum staking reached a record 43.8 million ETH by the end of the third quarter.

Fees were concentrated late in the period: nearly 80% accrued in September. Robinhood received about $45.93 million, or 89.9% of the total, while about 10% went to the Arbitrum ecosystem. Ethereum settlement costs were roughly $69,000.

The 43.8 million staked ETH represented 35.9% of Ethereum’s supply. Net inflows totaled 1.99 million ETH in the quarter, the sixth consecutive quarterly increase. Staking yield declined to 2.63% from 2.81%.

Robinhood Chain’s tokenized-stock lineup grew from 96 assets at the end of July to 193, while average daily trading volume rose 22-fold from July to September. Ethereum’s validator count fell from about 1.1 million to 881,000 after the Pectra upgrade as operators consolidated validators.