@BenTerry
Account based inUnited States
About this account
- Account based in
- United States
- Connected via
- United States App Store
Account-level information from X, not a live location or the device used for a specific post.
Arbitrum creation and trading are live in the Doppler app.
→ Launch a token paired against a stock, an index, or another onchain asset
→ Configure the curve and sign in the same interface
→ Trade the moment your token is live
Launch your first token on @arbitrum ↓
Robinhood Chain experienced no downtime.
Earlier today, Robinhood Chain experienced batch posting delays due to L1 market blob behavior. Direct user transactions experienced no delays.
Some infrastructure providers that rely on Robinhood Chain’s data stream experienced a brief performance impact due to a high number of feed subscribers.
Robinhood Chain remains operational.
higher ↑
BREAKING: Arbitrum jumps to become the 3rd highest blockchain by revenue in the week.
@arbitrum revenue comes from multiple high-margin blockchain products including ArbitrumOne and AEP licence revenue from Arbitrum Chains such as Robinhood Chain.
In just the past week, @RobinhoodApp Chain's growth has helped Arbitrum revenues for the ethereum:0xb50721bcf8d664c30412cfbc6cf7a15145234ad1 holder-controlled treasury grow to $1.47M (implying $75M+ in a year assuming no change or further growth).
Most still underappreciate this since public fee data doesn't yet capture all the income streams for Arbitrum. That should change over time.
Robinhood chain is built on @arbitrum let that sink in
Arbitrum receives 10% of net revenue from Robinhood Chain
But that ~$700k isn’t the point
The point is that two things can now be true:
> Arbitrum proved that it can successfully onboard a $100B company into crypto
> With ~4 lines of revenue going back to the treasury and more on the way, it’ll be a revenue machine with only the eco to benefit from
And just to be clear:
Arbitrum stopped being “just an L2” a while ago, and to compare it to any other “L2 tokens” doesn’t make sense
The TAM for Arbitrum is all of traditional finance, and $ARB is exposure to institutions globally needing to bring their core businesses onchain
It’ll take time for this to marinate
But the best things often happen that way (like Robinhood Chain)
just don’t forget:
Arbitrum is the underdog
Ben Terry retweeted
token per chain in the top 500 dexscreener
robinhood: 402
solana: 56
bsc: 32
base: 4
this is insane
Ben Terry retweeted
"What data has surprised you the most?"
@derekbrown, Founder and CEO at @americanspend, says "We saw Taco Bell sales decline in real-time."
"Average ticket size fell ~$2 over six weeks (from $17-$18 down to ~$15)."
"Exactly what you'd expect when you're subsidizing with $1 Mexican pizzas and $1 email deals."
"But transaction volume is up 2-3x. Existing customers keep coming back."
"It's working."
