Web3 revenue shifts from blockchains to wallets and DeFi apps
A growing amount of the blockchain industry’s fees are captured by DeFi protocols rather than the underlying networks, signaling a potential investor shift to front-end facing applications.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
A growing amount of the blockchain industry’s fees are captured by DeFi protocols rather than the underlying networks, signaling a potential investor shift to front-end facing applications.
Why this matters
This maps to the DeFi hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.
Original source
Read on CointelegraphRelated market context
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