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Ethereum L2 Strategy Faces Scrutiny: Robinhood Earns $6 Million Daily, Yet Ethereum Struggles to Get Its Share

Source: x.com
In a post, DeFi researcher Ignas noted that Robinhood previously set a record for single-day fees exceeding $6 million, with approximately 10% flowing to Arbitrum, while the revenue ultimately distributed to Ethereum L1 was "pitifully small." Ignas argues that this model may not be entirely unreasonable, much like how Uber initially traded subsidies for growth; Ethereum could also leverage L2 to attract traditional financial businesses into its ecosystem and gradually raise its "rents" once substantial switching costs are established within the ecosystem.

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