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Blockchain Cointelegraph

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.

48 /100
Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

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.

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 Cointelegraph

Related market context