DeFi Accounts for Over 80% of DApp Revenue on Solana
By Philip Maina17 hours agoSat Dec 21 2024 07:47:33
Checking out Time: 2 minutes
Over 80% of DApp income on Solana originates from DeFi activities
DApps throughout Solana recognized more than $360 million in profits in November
The majority of the profits originated from memecoin platform Pump.fun
More than 80% of the $365 million produced by Solana DApps in November originated from DeFi activities, compared to other sectors like wallets and facilities. According to a brand-new report by Syndica, $106 countless the earnings originated from memecoin platform Pump.fun with memecoin-focused DApps producing over $500 million up until now th...