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You Won’t Believe Which Cryptocurrency Just Got Sacked by a Relaxed Pool Guy

A  illustration of a relaxed pool guy lounging by an empty swimming pool, with cryptocurrency charts and graphs floating around him, symbolizing the drop in Ethereum's revenue compared to Raydium.

Crypto: where Raydium’s dad bods are more impressive than its fee revenues.

Source: cointelegraph

On Oct. 21, decentralized exchange (DEX) Raydium beat the Ethereum network in 24-hour revenue, according to DefiLlama. Raydium, which is hosted on the Solana blockchain, clocked $3.4 million in fee revenue during the day versus $3.35 million for Ethereum, according to data from DefiLlama on daily revenue from protocol fees. Ethereum is still recovering from a sharp dropoff in revenue after the network’s March Dencun upgrade cut transaction fees by […]

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