Robinhood Chain Generates $1.92 Million in Revenue: ARB Rises, but Token Holders Receive No Share

While Robinhood Chain generated $1.92 million in revenue over the last 24 hours, ARB’s market cap increased by approximately $170 million; the Arbitrum treasury’s 30-day share stood at $531,641, and there is no direct revenue distribution to ARB holders.

Robinhood Chain generated $1.92 million in revenue in the last 24 hours; during the same period, ARB’s market cap increased by approximately $170 million to reach $746 million. However, according to DefiLlama data cited by CoinDesk, the Arbitrum treasury’s share for the last 30 days was $531,641. This situation indicates that movements in ARB’s price are not scaling at the same pace as network revenues.

Launched by Robinhood on July 1, the network utilizes Arbitrum technology and transfers 10% of its profits to the Arbitrum ecosystem. The revenue from the last 24 hours accounted for approximately one-third of the $5.92 million the network earned over 30 days. Meanwhile, the amount transferred to the Arbitrum DAO was $175,612 in the last 24 hours and $363,153 over the last seven days.

During this period, ARB broke out of the 7-10 cent range to rise to approximately 11 cents. ARB had dropped to around 7.3 cents on August 18; as Robinhood Chain’s daily revenue increased, it climbed to 10.5 cents in the final week of August, then retraced to about 8.5 cents before breaking above the range this week.

No automatic revenue transfer to ARB holders

The trading volume accompanying the rise in ARB also grew. The token’s 24-hour volume climbed to $618 million, while Robinhood Chain’s weekly trading volume reached $6.92 billion. This figure represents an 89.47% increase compared to the previous week.

Despite this, Arbitrum’s revenue sharing does not include direct payments to ARB holders. Revenue is directed to the treasury and the developer group; a separate governance decision is required to create value for token holders. Furthermore, the highest revenue sources on the network were GMGN at $1.23 million and Pons at $948,044. Uniswap’s revenue remained at $445,379. The distribution indicates that activity is concentrated in speculative token transactions rather than tokenized shares.