Increased Interest Rates Drive Maker Protocol's Revenues to 2-Year High of $165 Million
The annualized revenue generated by the popular decentralized finance (DeFi) protocol Maker has risen to over $165 million, representing a 2-year high. The strong development in revenue could be seen in data from Makerbu...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The strong development in revenue could be seen in data from Makerburn.com, which at the time of writing also showed that revenue had surpassed the high from November 2021 to reach its highest since May of 2021....
Read More: Increased Interest Rates Drive Maker Protocol's Revenues to 2-Year High of $165 Million
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
CoinEx quits after 9 years as crypto trading activity concentrates at biggest exchanges
Crypto exchange CoinEx is shutting down after nine years, citing shrinking revenue and rising compliance costs as the reasons the...
Congress wants to make crypto easier to use and still collect $500 million more in taxes
A House crypto tax overhaul would raise an estimated $500 million while easing taxes on stablecoin payments and small fees. The Ho...
ARK Invest dumps $65 million in crypto stocks while the market rips higher
ARK's strategic sell-off may prompt short-term market volatility, influencing investor behavior and potentially impacting crypto s...
Bitcoin ETFs Snap Four-Day Slide With $160 Million Inflow
U.S. crypto ETFs opened the week broadly higher, with bitcoin funds drawing $160.04 million and ether products adding another $121...
A $100 million launch balance doesn’t mean a crypto ETF has real investors
A crypto ETF can arrive with substantial assets before public trading reveals much about outside investor demand. That makes a ris...
A Bot Robbed the Hacker Who Drained $7.8 Million in rsETH From a Safe Wallet
An attacker drained about $7.8 million in rsETH from an Ethereum Safe wallet early Tuesday, then lost the payout to a bot that was...