Who actually earns on Robinhood Chain, and what you pay for it.
Every protocol on the chain ranked by real revenue, with market cap, FDV and price-to-revenue side by side. Each token carries a launch-bundle screen and, where we ran one, a full on-chain audit. Refreshed hourly.
Revenue ranking
Protocols with a token on Robinhood Chain and revenue in the last 30 days. The default window is the last 7 days annualised, the most recent window with enough days behind it to mean something on a chain this young. Revenue is what the protocol and its holders keep: treasury income, holder payouts, and buybacks or burns funded from fees. Fees are what users paid, most of which goes to LPs, creators or third parties. Every multiple here uses revenue.
| # | Protocol | Revenue 7d ↓ | Trend | Holder rev 7d | Fees 7d | Mcap | FDV | P/R | P/R fdv | P/HR | 24h | Launch | Token audit | Pro audit |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | $8.5M | +489% | $6.7M | $58.9M | $449.1M | $449.1M | 1.01x | 1.01x | 1.28x | +0.5% | CLEAN | GO-WITH-CONDITIONS | no audit found | |
| 2 | $394k | -34% | $394k | $654k | $5.8M | $194.1M | 0.28x | 9.45x | 0.28x | -7.7% | CLEAN | GO-WITH-CONDITIONS | audited: Shieldify | |
| 3 | $363k | -47%* | $363k | $80k | $13.5M | $13.5M | 0.71x | 0.71x | 0.71x | -28.4% | CLEAN | NO-GO | no audit found | |
| 4 | $332k† | -87%* | $46k | $331k | $1.8M | $1.8M | 0.11x | 0.11x | 0.77x | -10.4% | CLEAN | NO-GO | no audit found | |
| 5 | $317k | +0% | $317k | $386k | $1.9M | $1.9M | 0.11x | 0.11x | 0.11x | +20.4% | CLEAN | GO-WITH-CONDITIONS | no audit found | |
| 6 | $103k | +55% | $0.0 | $341k | $5.2M | $5.2M | 0.96x | 0.96x | – | -27.1% | CLEAN | GO-WITH-CONDITIONS | no audit found | |
| 7 | $86k | -12% | $29k | $141k | $31.9M | $31.9M | 7.14x | 7.14x | 21.1x | +22.1% | AIRDROP + BOTS | GO-WITH-CONDITIONS | self-reported |
Price to revenue
Lower means the market pays less per dollar of annualised revenue. Read the launch screen and the two audit columns before deciding a discount is unearned.
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Launch screens, token audits, pro audits
Three different checks. The launch screen replays the token from mint and asks whether a coordinated set of wallets took the float in the first blocks. The token audit is our own on-chain review of the deployed token and its pools: controls, liquidity custody, sellability, concentration, launch, fees and holder rights. The pro audit column records whether a professional security firm has published an audit of the protocol's contracts, and whether that audit covers what is actually deployed here.
Token immutable, freely sellable at tested sizes, V1 launch position permanently locked. NO-GO if you need the advertised buyback to be enforceable: no Pons contract buys or burns PONS. On-chain protocol take is about 26% of the DefiLlama revenue figure.
A $5,000 sell computes to about 1.06% below spot and a 293,000 UP sell (1.6% of the 18.0M non-treasury float) to 6.9% below, with 100 executed sells in the last 200k blocks and no owner, pause, blacklist, tax or upgrade path on the token. 88.8% of supply sits in veUP as permanent locks: 200M under 0xdead that cannot be recovered and 200M locked by the project Safe for at least four years after an unlock call, which is why market cap is 3 to 4% of FDV. Conditions: one 2-of-4 Safe with no timelock holds every admin role and 44.7% of voting power, weekly emissions dilute unlocked holders who have no fee claim, and whether the Minter can reassign mint rights is unverified.
Token itself carries no privileged authority and the MU payouts reconcile to cash paid to holders. Fails on custody and rights: nothing is locked, the deepest pool is 57% custodied by a third-party LP manager, and the payout proxy is upgradeable through a timelock whose every role is one EOA.
NO-GO if holder revenue must be enforceable or the advertised backing redeemable: all USDG proceeds sit in a 2-of-3 Safe with no holder-callable redemption, mint authority is live for four contracts, and the advertised NNE accumulation has no on-chain trace. GO-WITH-CONDITIONS on sellability and LP custody alone.
SLVR is sellable at the $5,000 size on the v4 ETH/SLVR pool (about 4% impact, 12% at 1% of supply) and the on-chain staker and buyback ETH reconciles to the DefiLlama revenue line within 1%. Every lever that matters sits behind one EOA with no timelock or multisig: it can grant itself the minter role in one transaction, set the emission rate without an upper bound, register itself as a game, redirect swap-tax ETH, sweep staking surplus, and it or its affiliates hold or control most LP principal. Size any position to a single-key total-loss scenario.
PAIR is a fixed-supply ERC20 with no owner, no proxy and no external call opcode, and its entire launch supply sits in a Uniswap v4 position whose NFT is held by an ownerless, non-upgradeable locker with no withdrawal function and principal unchanged since the mint. A $5,000 exit quotes about 6% below spot and a real $7,556 sell settled hours before the pin, but 1% of supply clears about 44% below spot, so a position cannot be scaled. The open risks are a single-key upgradeable launchpad changed 25 times in 12 days with no timelock, no audit and no verified source anywhere in scope, and a fee stream that pays the launch signer and the protocol and nothing to holders.
The token is a plain immutable ERC20 with no mint, pause, tax, proxy or external call, and a $5,000 lot exits at spot on the canonical v4 pool with recent sell receipts confirming execution. Conditions: one EOA, the launch signer, holds every privileged role in the fee and escrow system and can pause the escrow and NFT AMM, zero the 50% activation burn and reroute fees with no delay; a 1% position faces 16.6% impact; holders have no enforceable claim on any cash flow. The launch LP seed (89% of active liquidity) sits in an unverified single-position escrow whose beneficiary is the launch signer, with no unlock or withdraw selector resolved.
Other fee earners on the chain
Protocols with no chain token, or with fees but no revenue line yet. The uncurated rows come straight from DefiLlama with no launch screen or audit behind them.
| Protocol | Fees 30d | Revenue 30d | Pro audit | Why no multiple |
|---|---|---|---|---|
| $35.4M | $31.8M | audited: Trail of Bits | no token to price | |
| $25.2M | $21.1M | no audit found | no token to price | |
| $22.9M | $7.7M | audited: Trail of Bits, ABDK | no token to price | |
| $3.5M | $2.8M | audited: Trail of Bits, Consensys Diligence +2 | no token to price | |
| $2.0M | $1.1M | audited: XORS | no token to price | |
| $1.1M | $913k | audited: zkSecurity, Nethermind +1 | no token to price | |
| $1.0M | $730k | no audit found | no token to price | |
| $1.9M | $268k | self-reported | no token to price | |
| $1.8M | $91k | audited: Consensys Diligence, Code4rena +1 | no token to price | |
| $1.6M | $249k | self-reported | no token to price | |
| $1.2M | $0.0 | audited: OpenZeppelin, Spearbit +2 | fees only, no revenue line · COORDINATED | |
| $412k | $0.0 | no audit found | fees only, no revenue line · COORDINATED | |
| $88.4M | $0.0 | audited: Trail of Bits, OpenZeppelin +4 | no token to price | |
| $3.8M | $0.0 | no audit found | no token to price | |
| $2.5M | $0.0 | audited: OpenZeppelin, Spearbit +4 | no token to price | |
| $3.5M | $0.0 | not checked | not curated yet | |
| $2.3M | $473k | not checked | not curated yet | |
| $539k | $207k | not checked | not curated yet | |
| $536k | $118k | not checked | not curated yet | |
| $437k | $376k | not checked | not curated yet | |
| $391k | $91k | not checked | not curated yet | |
| $383k | $383k | not checked | not curated yet | |
| $368k | $342k | not checked | not curated yet | |
| $334k | $334k | not checked | not curated yet | |
| $326k | $160k | not checked | not curated yet | |
| $317k | $159k | not checked | not curated yet | |
| $316k | $24k | not checked | not curated yet | |
| $307k | $295k | not checked | not curated yet | |
| $295k | $27k | not checked | not curated yet | |
| $277k | $277k | not checked | not curated yet |