Robinhood Chain daily fees hit record $6 million

Robinhood Chain hit a daily fee record of $6.04 million, lifting its seven-day annualized revenue rate to about $1.1 billion, driven largely by memecoin trading and token launches, with decentralized exchange volume surpassing $1.7 billion in 24 hours.

This Wire brief sits within Fusion42's coverage of Crypto & Web3.