A little observation to share: Curve Finance (DEX), behind $CRV , has been pretty busy over the past day. Its fee revenue reached $405,000, 3.1 times its usual level.
I used to look only at whether a coin’s price was going up or down. Over time, I picked up a habit: to see whether a protocol is actually being used, I first check whether it’s collecting fees. This spike is pretty noticeable, but I’m more interested in whether it can maintain this level next week.
What would you do in this situation?
I used to look only at whether a coin’s price was going up or down. Over time, I picked up a habit: to see whether a protocol is actually being used, I first check whether it’s collecting fees. This spike is pretty noticeable, but I’m more interested in whether it can maintain this level next week.
What would you do in this situation?