DeFi

I wrote about DeFi's evolution from a set of financial toys into a sustainable financial system. I think it's one of the most important and perhaps underrated developments in the entire crypto industry

I wrote about DeFi's evolution from a set of financial toys into a sustainable financial system. I think it's one of the most important and perhaps underrated developments in the entire crypto industry

https://www.pmayr.xyz/defi-is-real-business/

“Annualising their H1 2024 revenues, we get:

Lido = $110m
Maker = $324m
Aave = $60m”
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It would be interesting to also see the operational costs behind each one, thank you for the post