Arbitrum DAO posts $6.2M in first-half revenue, adds Robinhood Chain fee stream

Arbitrum DAO generated $6.19 million in revenue from four income streams in the first half, with a gross margin of more than 97%, The Block reported. The report said the licensing fee from Robinhood Chain, which launched its mainnet on July 1, is emerging as a new revenue source and accelerating an improvement in third-quarter results. Robinhood Chain is settled outside Arbitrum and is subject to a licensing rule that returns 10% of net protocol revenue to the Arbitrum ecosystem. In July, its first month of operation, the chain generated $360,000 in licensing fees alone, accounting for 35% of Arbitrum DAO's total revenue for the month. Brendan Ma, head of investment strategy at the Arbitrum Foundation, said July's performance trend suggests total third-quarter revenue will increase by more than 40% from the second quarter.