Post
MAVRICK13
THE INCOME STATEMENT HAS A PLOT TWIST.
Papertrade generated approximately $8.5M in protocol revenue over seven days, according to DefiLlama.
Now examine its TVL:
Oct 11: $102.09M
Oct 24: $33.22M
A 67.5% decline.
Here’s the accounting catch: reported revenue includes liquidity-pool profits distributed to stakers, not merely trading fees.
Impressive revenue and shrinking collateral can coexist. Neither number tells the full story.
#DeFi #Derivatives
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$73,846.1+0.01%
ETH/USDTEthereum
$2,057.05+0.02%
SOL/USDTSolana
$83.42+0.01%
Today’s market buzz
1#USCPIAboveExpectations
2#SP500StrongRebound
3#USIranNewPeaceProposal
