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
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