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DeFi ‘Revenue’ Has Stabilized in June Despite Token Sell-offs

It’s grim times for DeFi tokens but as prices plunge, protocol revenue remains stable.   The DeFi Pulse Index, which tracks the performance of 14 key tokens including Uniswap and Maker, has skidded 31% in the last seven days and 6.5% in just the last 24 hours, compared with a 2.1% decline for ETH from yesterday. …
By: Owen Fernau •
DeFi ‘Revenue’ Has Stabilized in June Despite Token Sell-offs

It’s grim times for DeFi tokens but as prices plunge, protocol revenue remains stable.   The DeFi Pulse Index, which tracks the performance of 14 key tokens including Uniswap and Maker, has skidded 31% in the last seven days and 6.5% in just the last 24 hours, compared with a 2.1% decline for ETH from yesterday. …

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