$EIGEN EigenCloud (restaking) generated $128,000 in fee revenue over the past 24 hours, about 5x its usual daily average of $25,000.
How to read this: fees represent the total amount users pay and move directly with transaction volume. How much goes to the protocol depends on the fee distribution.
To tell whether this is a trend, watch two things: first, whether revenue stays above the baseline over the next few days; second, whether this spike was caused by a one-off factor, such as large liquidations. What signal are you waiting for before making a move?
DYOR, and only invest what you can afford.
How to read this: fees represent the total amount users pay and move directly with transaction volume. How much goes to the protocol depends on the fee distribution.
To tell whether this is a trend, watch two things: first, whether revenue stays above the baseline over the next few days; second, whether this spike was caused by a one-off factor, such as large liquidations. What signal are you waiting for before making a move?
DYOR, and only invest what you can afford.