Curve’s revenue in November was approximately US$1.86 million, a month-on-month increase of 84.88%
On December 7th, Sovereign Llama tweeted that Curve Finance's revenue in November was about $1.86 million, an increase of 84.88% compared to the previous month, reaching a new high since May this year. The main reason for this is the high interest rate of crvUSD. "The reason is that the crvUSD interest rate is ridiculously high, but people are still borrowing, including myself."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
JPMorgan Predicts New Era for Crypto Under Trump Administration
Bitcoin Begins to Recover After Lates U.S. Inflation Report
Record Bitcoin ETF Outflows Shake Crypto Market
Building trust in Web3 with a unique ID score system: X Spaces recap with Rewardable