- Wu Blockchain revealed that Maker Protocol’s annual revenue soared to an all-time high this past Thursday.
- According to the post, the supply of DAI also reached a new annual high of $5.6 billion.
- Despite the recent milestones, MKR’s price had fallen 0.16% over the past 24 hours.
Wu Blockchain revealed in an X post earlier today that Maker (MKR) Protocol’s annualized revenue soared to an all-time high of $203 million this past Thursday. The supply of DAI also reached a new annual high of $5.6 billion.
Maker Protocol’s annualized revenue soared to an all-time high of $203 million on October 19, with DAI supply reaching a new annual high of $5.6 billion. The rise in U.S. treasury yields this year played a significant role in increasing the protocol’s revenue. MakerDAO’s RWA…— Wu Blockchain (@WuBlockchain) October 21, 2023
According to the post, the rise in U.S. treasury yields this year has played a significant role in increasing the protocol’s revenue. Meanwhile, MakerDAO’s real world asset (RWA) deposits have risen to $3 billion.
At press time, CoinMarketCap data indicated that the price of MKR dropped 0.16% over the past 24 hours. Conseque…
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