• bitcoinBitcoin (BTC) $ 66,877.00
  • ethereumEthereum (ETH) $ 3,229.66
  • tetherTether (USDT) $ 0.999378
  • bnbBNB (BNB) $ 590.88
  • solanaSolana (SOL) $ 152.89
  • usd-coinUSDC (USDC) $ 1.00
  • staked-etherLido Staked Ether (STETH) $ 3,220.57
  • xrpXRP (XRP) $ 0.530390
  • dogecoinDogecoin (DOGE) $ 0.171425
  • the-open-networkToncoin (TON) $ 6.44
  • cardanoCardano (ADA) $ 0.483390
  • avalanche-2Avalanche (AVAX) $ 38.68
  • shiba-inuShiba Inu (SHIB) $ 0.000024
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 66,775.00
  • bitcoin-cashBitcoin Cash (BCH) $ 519.54
  • tronTRON (TRX) $ 0.114398
  • polkadotPolkadot (DOT) $ 6.99
  • chainlinkChainlink (LINK) $ 14.27
  • matic-networkPolygon (MATIC) $ 0.748072
  • litecoinLitecoin (LTC) $ 84.51
  • internet-computerInternet Computer (ICP) $ 13.33
  • nearNEAR Protocol (NEAR) $ 5.73
  • uniswapUniswap (UNI) $ 7.79
  • leo-tokenLEO Token (LEO) $ 5.75
  • daiDai (DAI) $ 1.00
  • ethereum-classicEthereum Classic (ETC) $ 28.73
  • first-digital-usdFirst Digital USD (FDUSD) $ 1.00
  • aptosAptos (APT) $ 9.82
  • blockstackStacks (STX) $ 2.60
  • mantleMantle (MNT) $ 1.14
  • crypto-com-chainCronos (CRO) $ 0.134849
  • bittensorBittensor (TAO) $ 537.85
  • cosmosCosmos Hub (ATOM) $ 9.13
  • filecoinFilecoin (FIL) $ 6.43
  • stellarStellar (XLM) $ 0.111990
  • okbOKB (OKB) $ 53.72
  • vechainVeChain (VET) $ 0.042492
  • hedera-hashgraphHedera (HBAR) $ 0.084992
  • immutable-xImmutable (IMX) $ 2.13
  • arbitrumArbitrum (ARB) $ 1.14
  • render-tokenRender (RNDR) $ 7.79
  • kaspaKaspa (KAS) $ 0.125056
  • dogwifcoindogwifhat (WIF) $ 2.79
  • makerMaker (MKR) $ 2,901.23
  • pepePepe (PEPE) $ 0.000006
  • theta-tokenTheta Network (THETA) $ 2.42
  • the-graphThe Graph (GRT) $ 0.256915
  • optimismOptimism (OP) $ 2.40
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • injective-protocolInjective (INJ) $ 25.69
  • fetch-aiFetch.ai (FET) $ 2.15
  • wrapped-eethWrapped eETH (WEETH) $ 3,335.57
  • moneroMonero (XMR) $ 120.80
  • fantomFantom (FTM) $ 0.752676
  • thorchainTHORChain (RUNE) $ 5.89
  • lido-daoLido DAO (LDO) $ 2.10
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,564.68
  • ethenaEthena (ENA) $ 1.29
  • galaGALA (GALA) $ 0.046559
  • bitget-tokenBitget Token (BGB) $ 1.23
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,327.12
  • arweaveArweave (AR) $ 24.75
  • celestiaCelestia (TIA) $ 9.05
  • suiSui (SUI) $ 1.19
  • flowFlow (FLOW) $ 1.01
  • algorandAlgorand (ALGO) $ 0.186405
  • flokiFLOKI (FLOKI) $ 0.000156
  • quant-networkQuant (QNT) $ 103.69
  • bitcoin-svBitcoin SV (BSV) $ 75.93
  • sei-networkSei (SEI) $ 0.544499
  • aaveAave (AAVE) $ 98.03
  • neoNEO (NEO) $ 20.18
  • jupiter-exchange-solanaJupiter (JUP) $ 1.04
  • beam-2Beam (BEAM) $ 0.026027
  • ribbon-financeRibbon Finance (RBN) $ 1.42
  • bittorrentBitTorrent (BTT) $ 0.000001
  • coredaoorgCore (CORE) $ 1.54
  • zebec-protocolZebec Network (ZBCN) $ 0.026316
  • nervos-networkNervos Network (CKB) $ 0.029426
  • whitebitWhiteBIT Coin (WBT) $ 8.98
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,216.02
  • ordinalsORDI (ORDI) $ 60.74
  • flare-networksFlare (FLR) $ 0.032734
  • tokenize-xchangeTokenize Xchange (TKX) $ 14.98
  • the-sandboxThe Sandbox (SAND) $ 0.508108
  • elrond-erd-2MultiversX (EGLD) $ 42.72
  • ecasheCash (XEC) $ 0.000058
  • axie-infinityAxie Infinity (AXS) $ 7.92
  • bonkBonk (BONK) $ 0.000017
  • starknetStarknet (STRK) $ 1.49
  • singularitynetSingularityNET (AGIX) $ 0.841338
  • wormholeWormhole (W) $ 0.601857
  • tezosTezos (XTZ) $ 1.09
  • eosEOS (EOS) $ 0.931259
  • dydx-chaindYdX (DYDX) $ 2.31
  • havvenSynthetix Network (SNX) $ 3.20
  • conflux-tokenConflux (CFX) $ 0.272081
  • chilizChiliz (CHZ) $ 0.116920
  • ondo-financeOndo (ONDO) $ 0.692142
  • kucoin-sharesKuCoin (KCS) $ 10.07
  • gatechain-tokenGate (GT) $ 7.26
  • roninRonin (RON) $ 3.09
  • msolMarinade staked SOL (MSOL) $ 179.58
  • worldcoin-wldWorldcoin (WLD) $ 5.20
  • pyth-networkPyth Network (PYTH) $ 0.630746
  • decentralandDecentraland (MANA) $ 0.507638
  • cheeleeCheelee (CHEEL) $ 16.23
  • jasmycoinJasmyCoin (JASMY) $ 0.018973
  • mina-protocolMina Protocol (MINA) $ 0.816620
  • gnosisGnosis (GNO) $ 340.64
  • heliumHelium (HNT) $ 5.27
  • kavaKava (KAVA) $ 0.781966
  • akash-networkAkash Network (AKT) $ 3.58
  • iotaIOTA (IOTA) $ 0.256520
  • pancakeswap-tokenPancakeSwap (CAKE) $ 3.20
  • apecoinApeCoin (APE) $ 1.29
  • echelon-primeEchelon Prime (PRIME) $ 20.62
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,232.58
  • frax-etherFrax Ether (FRXETH) $ 3,182.94
  • mantra-daoMANTRA (OM) $ 0.910182
  • nexoNEXO (NEXO) $ 1.31
  • dexeDeXe (DEXE) $ 12.85
  • usddUSDD (USDD) $ 1.00
  • klay-tokenKlaytn (KLAY) $ 0.199770
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000034
  • bitcoin-goldBitcoin Gold (BTG) $ 40.52
  • lido-staked-solLido Staked SOL (STSOL) $ 178.99
  • aerodrome-financeAerodrome Finance (AERO) $ 1.75
  • swethSwell Ethereum (SWETH) $ 3,391.51
  • axelarAxelar (AXL) $ 1.10
  • oasis-networkOasis Network (ROSE) $ 0.101970
  • aioz-networkAIOZ Network (AIOZ) $ 0.623041
  • dydxdYdX (ETHDYDX) $ 2.28
  • osmosisOsmosis (OSMO) $ 1.03
  • corgiaiCorgiAI (CORGIAI) $ 0.001956
  • fraxFrax (FRAX) $ 0.999589
  • illuviumIlluvium (ILV) $ 100.67
  • radixRadix (XRD) $ 0.060890
  • astarAstar (ASTR) $ 0.112682
  • theta-fuelTheta Fuel (TFUEL) $ 0.096493
  • blurBlur (BLUR) $ 0.409910
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000104
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,426.13
  • pendlePendle (PENDLE) $ 6.18
  • altlayerAltLayer (ALT) $ 0.476609
  • wemix-tokenWEMIX (WEMIX) $ 1.67
  • woo-networkWOO (WOO) $ 0.314592
  • dymensionDymension (DYM) $ 3.58
  • tether-goldTether Gold (XAUT) $ 2,349.23
  • iotexIoTeX (IOTX) $ 0.061769
  • xdce-crowd-saleXDC Network (XDC) $ 0.040040
  • fasttokenFasttoken (FTN) $ 1.78
  • curve-dao-tokenCurve DAO (CRV) $ 0.464877
  • based-brettBrett (BRETT) $ 0.065308
  • 1inch1inch (1INCH) $ 0.467919
  • book-of-memeBOOK OF MEME (BOME) $ 0.009745
  • staked-frax-etherStaked Frax Ether (SFRXETH) $ 3,474.19
  • ocean-protocolOcean Protocol (OCEAN) $ 0.877293
  • manta-networkManta Network (MANTA) $ 2.10
  • true-usdTrueUSD (TUSD) $ 1.00
  • memecoin-2Memecoin (MEME) $ 0.032427
  • enjincoinEnjin Coin (ENJ) $ 0.350480
  • zilliqaZilliqa (ZIL) $ 0.027516
  • mx-tokenMX (MX) $ 5.06
  • skaleSKALE (SKL) $ 0.097335
  • apenftAPENFT (NFT) $ 0.00000050
  • ether-fiEther.fi (ETHFI) $ 4.27
  • pups-ordinalsPUPS (Ordinals) (PUPS) $ 62.26
  • qtumQtum (QTUM) $ 4.52
  • ankrAnkr Network (ANKR) $ 0.047861
  • siacoinSiacoin (SC) $ 0.008327
  • ethereum-name-serviceEthereum Name Service (ENS) $ 15.12
  • stepnGMT (GMT) $ 0.237935
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.11
  • terra-luna-2Terra (LUNA) $ 0.667962
  • celoCelo (CELO) $ 0.843724
  • holotokenHolo (HOT) $ 0.002519
  • rocket-poolRocket Pool (RPL) $ 21.95
  • aelfaelf (ELF) $ 0.611694
  • compound-wrapped-btccWBTC (CWBTC) $ 1,341.57
  • project-galaxyGalxe (GAL) $ 4.18
  • 0x0x Protocol (ZRX) $ 0.524953
  • ravencoinRavencoin (RVN) $ 0.032111
  • ethereum-pow-iouEthereumPoW (ETHW) $ 4.08
  • polymeshPolymesh (POLYX) $ 0.422879
  • biconomyBiconomy (BICO) $ 0.584791
  • pax-goldPAX Gold (PAXG) $ 2,364.54
  • golemGolem (GLM) $ 0.414073
  • frax-shareFrax Share (FXS) $ 5.37
  • amp-tokenAmp (AMP) $ 0.007552
  • basic-attention-tokenBasic Attention (BAT) $ 0.282727
  • raydiumRaydium (RAY) $ 1.57
  • superfarmSuperVerse (SUPER) $ 0.902148
  • stader-ethxStader ETHx (ETHX) $ 3,300.83
  • compound-governance-tokenCompound (COMP) $ 59.10
  • jito-governance-tokenJito (JTO) $ 3.43
  • origintrailOriginTrail (TRAC) $ 0.976451
  • jeo-bodenJeo Boden (BODEN) $ 0.570470
  • pixelsPixels (PIXEL) $ 0.499823
  • safepalSafePal (SFP) $ 0.833820

MakerDAO Achieves Record-Breaking 147% Surge in Annualized Income for 2023

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MakerDAO Achieves Record-Breaking 147% Surge in Annualized Income for 2023

MakerDAO, a prominent player in the DeFi ecosystem, is renowned for its stablecoin DAI, which is backed by a diversified collateral portfolio. The DAO operates on the Ethereum blockchain and provides users with the ability to mint and trade DAI in a decentralized manner. As an integral part of the DAO ecosystem, the PSM (Peg Stability Module) USDC facilitates the stabilization of DAI’s value against the U.S. dollar.

MakerDAO Achieves Record-Breaking 147% Surge in Annualized Income for 2023

The recent boost in DAO’s income can be attributed to its decision to utilize PSM USDC to purchase U.S. Treasury bonds. This strategic move has not only increased the DAO’s holdings of U.S. Treasury bonds but has also allowed DAO to generate interest income from these bonds. By leveraging the PSM mechanism, MakerDAO ensures stability and security while maximizing its revenue potential.

MakerDAO Achieves Record-Breaking 147% Surge in Annualized Income for 2023

The DAO community has been actively monitoring and analyzing these developments. The MakerBurn platform provides comprehensive insights into MakerDAO’s financial metrics, offering real-time data on revenue, DAI supply, governance statistics, and more. The latest data from MakerBurn reflects the significant progress made by the DAO in increasing its revenue streams.

The achievement of a record high annualized income indicates the growing adoption and success of MakerDAO’s approach to decentralized finance. The surge in revenue not only strengthens MakerDAO’s financial position but also showcases the potential of DeFi protocols in generating substantial income streams.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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