fee

CoinDesk reported that Robinhood Chain's daily revenue dropped 87% from its peak on September 4, to $1.06 million. The decline was not due to a decrease in activity, but rather higher capacity reduced congestion fees.During the same period, DEX trading volume approached $2 billion, and active addresses increased by 16.5%.

Bitcoin Magazine reported that White House advisor Patrick Witt stated that they have made progress on all concerns regarding the Clarity Act bill.Witt said, "Feeling pretty good about this."

According to The Block, Uniswap Labs announced the launch of a new tool, StablePair Hook, designed specifically for stablecoin trading pairs such as USDC/USDT and USDC/USDG.Uniswap Labs stated that StablePair Hook can provide traders with consistent and predictable quotes, allowing liquidity providers to retain more of the value they create. Data shows that in the second quarter, the trading volume of exchanges between stablecoins on Uniswap reached $43.4 billion, surpassing the total of the other three major on-chain trading venues.StablePair Hook replaces fixed rates with dynamic rates, which adjust based on the degree of price deviation from the reference price within the pool. When the price is close to the reference price, the Hook adjusts the transaction fee for each trade to maintain a fixed bid-ask spread; when the price deviates from the reference range, trades that push the price away incur no fees, while trades that pull the price back to the reference price use a Dutch auction mechanism, with fees decreasing block by block from high to low until accepted by the trader. Uniswap Labs stated that this allows liquidity providers to retain more value from price returns.The first batch of StablePair Hook pools will go live on Ethereum, supporting USDC/USDG and USDC/USDT trading pairs. This Hook can be upgraded through Uniswap governance, and the fee system and other parameters can be adjusted without migrating liquidity.

According to monitoring by Solid Intel, Robinhood Chain's daily transaction fees reached a record high of 6 million dollars, weekly transaction fees increased 17 times to 25 million dollars, and DEX trading volume doubled to 12.4 billion dollars.

According to official news, the Circle Cross-Chain Transfer Protocol (CCTP) now supports a fast transfer prepayment fee feature. Previously, the protocol fee would be directly deducted from the USDC transfer amount on the target chain; with this update, developers can pre-quote and collect fees using the native Gas token or USDC from the source chain before executing the transfer, thereby simplifying the fee handling for cross-chain transfers and ensuring that users receive the expected amount of USDC.It is reported that the prepayment fee mechanism mainly improves the predictability of fees in cross-chain applications. Users do not have to bear the reduction in the actual amount received due to additional deductions on the target chain; at the same time, the CCTP Quote API can uniformly calculate fees for different supported chains and integrate Fast Transfer and Forwarding fees into a single quote, so developers do not need to build systems to separately calculate multiple protocol fees. In addition, fees can be paid directly using the native token of the source chain, which will not reduce or affect the actual transferred USDC balance.Currently, the prepayment fee feature supports USDC transfers on all EVM chains covered by CCTP, but it does not support transfers initiated from Solana; transfers to Solana are still supported. Developers can obtain specific fee quotes through the Quote API and integrate this feature, and relevant developers can refer to the CCTP official documentation to build a more predictable cross-chain USDC transfer process.

Bernstein analysts predict that Robinhood's blockchain network, Robinhood Chain, could generate up to $160 million in fee revenue annually by 2028. This forecast is based on the growing demand for tokenized stock trading, which currently accounts for about 27% of the total trading volume on the chain, while meme coin trading has decreased from 100% at its launch on July 1 to 36%.According to DefiLlama data, just over two months after its launch, Robinhood Chain has become the leading blockchain network by daily fees, generating $2.13 million in fees in the past 24 hours. On July 20, Bernstein raised the price target for Robinhood (HOOD) stock from $130 to $160 and maintained an outperform rating.However, Robinhood's on-chain stocks have recently faced criticism from AMC Entertainment Holdings CEO Adam Aron. Aron stated that the platform's tokenized stocks providing economic exposure to AMC shares are not affiliated with the company and called the move "outrageous," adding that AMC will request its external securities legal counsel to conduct an investigation.

Binance Wallet officially launches the TRC-20 USDT transfer fee payment feature. Starting today, users can pay network fees directly in USDT when using the Binance Web3 Wallet for TRC-20 USDT transfers, eliminating the need to hold TRX as gas fees, significantly simplifying the transfer process on the TRON chain.The operation method is also quite convenient: users only need to enter the wallet asset page, select send USDT, and then check USDT in the network fee payment method to complete the setup, easily experiencing one-click transfers.This feature update lowers the interaction threshold for stablecoins on the TRON chain and provides high-frequency transfer users with a smoother and lower-cost operational path, further promoting the usability and convenience of the TRON network in stablecoin application scenarios.

The cryptocurrency exchange Gate has launched an on-chain trading product called "Gold Dog," covering multiple public chains such as Robinhood, SOL, ETH, Gate Layer, BSC, Base, SUI, ARB, World Chain, AVAX, Polygon, LINEA, ZK, OP, and Berachain, supporting on-chain assets like Meme and small tokens.The buying and selling fees for this product are both 0.5%. Users trading Robinhood Chain on-chain assets can enjoy a limited-time exemption from network fees. Users can directly use their Gate account assets for on-chain trading without the need to create or connect a wallet, frequently transfer assets, or switch networks, and can check real-time market data and K-line charts through token names or contract addresses."Gold Dog" will also support features such as Callout rankings, KOL rankings, and active account displays.

Co-founder of Arbitrum Steven Goldfeder and co-founder of Solana Toly engaged in a debate over on-chain transaction fees, MEV protection, and the single sequencer model.Steven stated that one cannot simply compare surface-level fees. Arbitrum One and Robinhood Chain actively prevent front-running and most harmful MEV, while some chains that claim lower fees have higher MEV costs, including front-running against retail investors. He expressed a preference for paying clear fees upfront rather than incurring hidden losses from front-running, sandwich attacks, and other issues for the sake of lower fees.Toly countered that Arbitrum currently has a less favorable bid-ask spread and higher fees. The 10% cut taken from transaction fees alone translates to a cost in basis points that exceeds the loss rate from sandwich attacks, which he estimates to be about 10 times that of the latter, not accounting for the impact of the spread. He emphasized, "A single sequencer that pursues shareholder value maximization can never outperform permissionless competition."

According to monitoring by TradingBeats, as HYPE broke through $88, the largest HYPE long address on Hyperliquid, 0x082e...ca88, currently holds approximately 1.38 million HYPE long positions, with a position value of about $12.2 million, an average opening price of $38.68, and current floating profits of about $6.862 million, using 5x full leverage.This address opened approximately $40 million in HYPE long positions with 5x leverage about 5 hours before Robinhood announced the launch of HYPE spot trading on October 23, 2025. Due to the precise timing of the large entry, the community suspected there was non-public information, hence it was referred to as the "HYPE listing insider whale."From December 5 to 6 of the same year, this address continued to increase its position by about 93,500 HYPE in the $31 to $32 range, ultimately raising the current holdings to about 1.38 million, and has held the contract position until now. This address has currently paid $5.42 million in funding fees for its long positions.

According to on-chain analyst Yu Jin's monitoring, a "news trader" paid a bribe of 40.8 BNB (31,000 USD) in node bribes and Gas fees to front-run the purchase of Hakimi at the first second of the announcement of the Hakimi contract going live on Binance, subsequently selling for a profit of 378,000 USD.Analysis shows that the announcement of the Hakimi contract going live on Binance was made at 13:55:12. Within the first second, he paid a bribe of 35.3 BNB (26,800 USD) to the node BNB48 Club and used a smuggled RPC channel to front-run and buy 9.89 million Hakimi with 264.7 BNB (200,000 USD) at a price of 0.02 USD. He also paid a high Gas fee of 5.5 BNB (4,200 USD). Of course, the high bribe and Gas fees allowed him to buy at the very front, and then other traders bought after him, pushing up the price.

BNB Chain Chief Growth Officer Nina Rong commented on "the debate between Arbitrum founder Steven Goldfeder and Solana co-founder Toly regarding the Robinhood Chain fee model": "Continuing to push Gas fees lower is no longer the highest priority for the blockchain industry. The real priority for all public chains today is to find sustainable business models and reinvest the profits into technology and growth. This business model can be based on Gas fees, revenue sharing, or other forms of business collaboration. Over the past five years, the impression of blockchain foundations has mostly been two things: one is issuing grants and making investments; the other is reducing Gas fees. If we want to continue for another five years, blockchain companies must have a solid business structure."

The founder of Arbitrum, Steven Goldfeder, and Solana co-founder, Toly, engaged in a debate over the fee model of Robinhood Chain. Toly claimed that the 10% revenue share paid to Arbitrum by Robinhood Chain is sufficient to cover four times the transaction fees on the Solana chain, suggesting that if deployed on Solana, user gas fees could significantly decrease. In response, Goldfeder stated that Robinhood could retain about 90% of gas revenue under the Arbitrum architecture, thus choosing Arbitrum to "be the landlord, not the tenant."Toly countered that Robinhood could charge fees at the application front end while utilizing a lower-cost underlying network; Goldfeder, however, indicated that a large amount of on-chain activity does not go through the Robinhood front end, and if it were merely a "tenant" of the underlying network, Robinhood would not be able to capture the revenue generated from these peripheral activities.According to market news, Robinhood evaluated both Solana and Arbitrum during the product initiation phase and ultimately chose Arbitrum, which allows for independent chain deployment.

Robinhood Chain's daily fee revenue has reached a historic high of 6 million USD, previously the market believed that its daily fee revenue would struggle to break through 4.6 million USD.With the recent continuous rise in fee revenue, Robinhood Chain's annualized revenue over the past 7 days has reached approximately 1.1 billion USD. Currently, the early activity on this chain is mainly driven by Memecoin trading and token issuance activities such as GMGN and Pons.

Renowned Ethereum builder and investor Ryan Berckmans posted on X, stating that the idea that Robinhood "gives back very little to ETH" is nonsense. They pay on-chain users and new ETH holders, conduct marketing, attract new enterprise clients envious of Robinhood's success, and help mature L1 hubs radiate to L2. Half of Robinhood's active users come from other places in Ethereum and exert healthy competitive pressure on Base.He mentioned that Ethereum alignment is a real concept, but it is not portrayed as income maximization by Ethereum opponents. Helping to grow Ethereum and ETH is alignment, while threatening Ethereum or ETH is misalignment, such as during Lido's dominance. Robinhood is one of the most Ethereum-aligned entities globally. Buying large amounts of ETH or not selling order fees would be better, but this is just icing on the cake of an already huge pie.We do not rely on Robinhood to buy ETH to win. The next batch of Tom Lee will buy ETH, Wall Street Tom Lee, corporate Tom Lee, government Tom Lee, family office Tom Lee, sovereign wealth Tom Lee will be everywhere. ETH will reach trillions in value storage as Ethereum goes global. The two major indicators measuring the progress of value storage are L1 application capital and the number of sufficiently successful L2s, and Robinhood helps grow the latter. We like Robinhood as it is now.

According to data from Defillamas, benefiting from the hype on the Robinhood chain and BSC chain, the GMGN platform has seen its fee revenue approach historical highs for several consecutive days.The latest data shows that GMGN's fee revenue in the past 24 hours reached 2.59 million USD, with a cumulative revenue of 37.96 million USD in the past 30 days, which is on par with the period when Trump issued the TRUMP coin, second only to the peak hype period of "Binance Life."

Anza stated that the reduction in Solana token rent has gone live on the mainnet Beta, and proposal SIMD-0437 Step 1 has been activated at epoch 1028.This step reduces the required lamports per byte from 6960 to 6333; subsequent functionality gates will be activated after checking the growth status at the current rent level, ultimately reducing to 696 gradually.

According to DeFiLlama data, the daily Gas fees of Robinhood's Ethereum Layer 2 network, Robinhood Chain, surged approximately 82 times within 11 days, surpassing all other blockchain networks to become the chain with the highest daily Gas fees. This network is built on the Arbitrum Orbit technology stack and has been live for only about two months.Data shows that the average daily Gas fees of Robinhood Chain climbed from about $56,000 on August 23 to approximately $3.75 million on September 1, continuously breaking historical records for several days. The fee surge is primarily driven by speculative trading of Meme coins, with the weekly trading volume on the on-chain DEX exceeding $1 billion at one point, where the token issuance platform Pons contributed the majority of the trading volume. As of September 1, the average transaction fee on this chain rose to $0.33, while Base was only about $0.0026 and Solana was about $0.013 during the same period.The high fees have also brought considerable revenue to Robinhood Chain. According to the protocol agreement, 10% of its net revenue must be allocated to the Arbitrum ecosystem, with 80% going to the Arbitrum DAO and 20% to the developer fund; in comparison, Arbitrum One's Gas fees on the same day were less than $15,000. The official Robinhood wallet still offers Gas subsidies for eligible transactions, which will continue until September 29.