ARB Rallies 30% as Robinhood Chain Revenue Boosts Arbitrum Ecosystem

Arbitrum (ARB) surged nearly 30% on September 1, marking its strongest performance among major assets. Offchain Labs co-founder Steven Goldfeder confirmed that Robinhood Chain's daily on-chain revenue exceeded $2 million, with approximately 10% flowing to the Arbitrum ecosystem as a platform fee. This translates to an estimated $73 million in annualized revenue for Arbitrum. Robinhood Chain's total daily revenue grew nearly 20-fold in eight days, with DEX volume hitting a record $989 million on August 31. While ARB and UNI benefit from structural protocol r