ETH L2 News: Robinhood Chain Goes Live as Top Critics Flip Bullish
The weekly round-up also tracks a $1M approval-phishing loss, Michael Saylor's shifting narrative, and the crypto entanglements of Farage and Trump.
Every Zipp story tagged #RobinhoodChain, newest first.
The weekly round-up also tracks a $1M approval-phishing loss, Michael Saylor's shifting narrative, and the crypto entanglements of Farage and Trump.
Robinhood's L2 booked $433M in perp-driven flows over the past 24 hours, overtaking Hyperliquid's $296M and signalling real traction for the broker-led chain's derivatives venue.
The 19% ARB move is the headline, but the structural read is the 10% revenue share routing back to the Arbitrum DAO, a first real test of the chain-as-a-business model.
The Wall Street-broker-built L2 has crossed a half-billion-dollar day and is onboarding 140K+ fresh wallets in 24 hours, with memecoin trading driving most of the flow.
The Robinhood Chain launch on Arbitrum's stack routes 8% of fees to a tokenholder-controlled treasury and 2% to Offchain Labs development, formalising the revenue share that ties every Orbit L2 to…