Polymarket is making $1.5 million a day just from fees🤯 https://t.co/2y0lZRsuch
Polymarket is making $1.5 million a day just from fees🤯 https://t.co/2y0lZRsuch
$POL chain revenue #3 and consistently in the worst bear market of crypto
But token in the crappers
Why?
Terrible management of token relations
Literally the opposite of $XRP $ADA projects that are pure Vapor but gold standard of token relations management
Yea tokenomics suck too but so do most tokens. All comes down to token relations
➥ @Polymarket at the front of the app-level revenue pack
its international at $1.7M fees + $1.24M in rev within latest 24h
it also shows $136.6M in 24h DEX vol, $318.49M in 24h notional vol, $441.58M in open interest
the activity is converting into retained protocol revenue
Polymarket is now competing with the biggest crypto trading apps on actual cash flow
PMs are behaving like a real rev category now along side with
- RWA
- DeFi
- Stablecoins
- TCG
- Perps
rev is a real filters for better altcoins iykyk