Friend.Tech protocol Revenue Crosses A Massive 10,000 ETH, What’s Next?
The total value locked on the Friend.tech protocol has also exceeded to 30,165 ETH showing a strong trust among the stakeholders.
The Friend.Tech protocol, built upon Coinbase’s Layer-2 platform Base, is once again making a buzz in the market, thereby riding on some major enthusiasm in the decentralized finance (DeFi) market.
As per the latest data from Dune Analytics, the Friend.tech protocol revenue has surged past 10,000 ETH. Also, as per the exact figures, the DeFi protocol has clocked a total revenue of 10,648 ETH.
Another major milestone is the surge in the total value locked on the DeFi protocol. The TVL on Friend.tech has exceeded 30,000 ETH, reaching 30,165 ETH. This underscores the growing trust and commitment of all the stakeholders of the protocol.
Apart from conventional metrics, Friend Tech’s sniper bots are emerging as the unsung heroes. These bots, numbering over 450, have generated profits exceeding $5.9 million, constituting a remarkable 34% of the total creator’s revenue. Their success underscores the efficiency of Friend Tech’s algorithms and the potential of automated trading solutions in the DeFi space.
