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Real-world asset (RWA) issuers

Robinhood

# Robinhood Revenue Methodology

## 1. Overview

Revenue is defined as the portion of transaction fees that is retained by Robinhood. For Robinhood Chain, 100% of the gas fees paid by users is retained as protocol revenue, making the Revenue metric equivalent to the Fees metric. These fees are collected in Wrapped Ether (WETH) and are converted to USD using end-of-day price feeds. This metric is utilized to evaluate the overall economic activity and monetization of the Robinhood Chain layer-2 network.

## 2. Data sources

- **Blockchain events**: Transaction execution data parsed from the Robinhood Chain, covering Robinhood Chain
- **External data**: End-of-day price feeds for Wrapped Ether (WETH)

## 3. Step-by-step calculation

### Component A: Gas fee extraction

- **Purpose**: To extract gas consumption and pricing data for transactions executed on Robinhood Chain.
- **Logic**: Transaction-level data is parsed from the Robinhood Chain. For each transaction, the gas used and the effective gas price are extracted. The total gas fee for each transaction is calculated by multiplying the gas used by the effective gas price.
- **Key fields**: `gas_used`, `gas_price`

### Component B: Daily aggregation and normalization

- **Purpose**: To aggregate transaction fees daily and normalize the values.
- **Logic**: Transaction-level gas fees are aggregated on a daily basis. The aggregated gas fees are normalized by decimal precision to account for the asset's decimals.
- **Key fields**: `timestamp`, `l2_gas_fee`

### Component C: USD conversion

- **Purpose**: To convert the normalized daily gas fees into USD.
- **Logic**: The normalized daily gas fees are multiplied by the end-of-day USD price of WETH. This conversion is performed using end-of-day price feeds mapped to the corresponding timestamp and asset address.
- **Key fields**: `price_usd`, `fees`

### Component D: Revenue allocation

- **Purpose**: To determine the final protocol revenue.
- **Logic**: Because 100% of the collected gas fees are retained by the protocol, the Revenue metric is set equal to the calculated Fees metric. The final daily revenue values are structured, validated, and zero-filled for any days with missing activity.
- **Key fields**: `revenue`

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

fees * take_rate (illustrative — revenue is observed directly per project, not derived from take_rate)

Fee revenue retained after supply-side payouts. Before cost of revenue (e.g. L2 DA fees) and before operating expenses.

Robinhood

Revenue

Revenue

Competitive landscape

Chain breakdown