Robinbridge Announces Robinhood Ecosystem Integration, Cross-Chain Fees as Low as 0.5%

Odaily reported on July 23 that cross-chain infrastructure protocol Robinbridge has officially announced its integration into the Robinhood ecosystem, launching the lowest industry rate of 0.5% for real-time ETH transfers from Robinhood Chain to the Ethereum mainnet. This move aims to reduce user costs when moving assets from Robinhood Chain back to networks like Ethereum. Currently, the average fee for bridging assets from the Robinhood ecosystem back to the mainnet is generally above 2%.

It is reported that Robinhood Chain is an Ethereum Layer 2 network officially launched by Robinhood on July 1. In its first week alone, it facilitated over $70 million in ETH cross-chain bridging.