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
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. …
Loading this article…
Advertisement
Free newsletters
Good reporting. Delivered.
Choose your coverage: crypto and DeFi, the future of finance, or both.
Free. Unsubscribe anytime.





