$CFG Centrifuge generated $250,000 in fees that day, equivalent to roughly 2.6 days’ worth under normal conditions.
A jump this large usually points to a sharp increase in concentrated usage. It could be driven by trading amid heightened market volatility, or by a single large user or one-off operation. From a capital perspective, I’m more interested in whether these users stick around. The token is down 8.16% over 24 hours.
It’s more reliable to compare on-chain data with price action.
A jump this large usually points to a sharp increase in concentrated usage. It could be driven by trading amid heightened market volatility, or by a single large user or one-off operation. From a capital perspective, I’m more interested in whether these users stick around. The token is down 8.16% over 24 hours.
It’s more reliable to compare on-chain data with price action.