• bitcoinBitcoin (BTC) $ 64,424.00
  • ethereumEthereum (ETH) $ 3,485.36
  • tetherTether (USDT) $ 0.999507
  • bnbBNB (BNB) $ 586.35
  • solanaSolana (SOL) $ 134.38
  • staked-etherLido Staked Ether (STETH) $ 3,485.80
  • usd-coinUSDC (USDC) $ 0.999784
  • xrpXRP (XRP) $ 0.485957
  • dogecoinDogecoin (DOGE) $ 0.123870
  • the-open-networkToncoin (TON) $ 7.19
  • cardanoCardano (ADA) $ 0.375309
  • shiba-inuShiba Inu (SHIB) $ 0.000018
  • tronTRON (TRX) $ 0.118597
  • avalanche-2Avalanche (AVAX) $ 25.25
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 64,312.00
  • chainlinkChainlink (LINK) $ 13.72
  • polkadotPolkadot (DOT) $ 5.63
  • bitcoin-cashBitcoin Cash (BCH) $ 386.50
  • uniswapUniswap (UNI) $ 9.99
  • nearNEAR Protocol (NEAR) $ 5.28
  • wrapped-eethWrapped eETH (WEETH) $ 3,624.74
  • litecoinLitecoin (LTC) $ 73.95
  • leo-tokenLEO Token (LEO) $ 5.73
  • matic-networkPolygon (MATIC) $ 0.565825
  • daiDai (DAI) $ 0.999092
  • pepePepe (PEPE) $ 0.000011
  • fetch-aiFetch.ai (FET) $ 1.54
  • internet-computerInternet Computer (ICP) $ 8.20
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • kaspaKaspa (KAS) $ 0.146512
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,507.23
  • ethereum-classicEthereum Classic (ETC) $ 23.38
  • aptosAptos (APT) $ 6.83
  • moneroMonero (XMR) $ 162.67
  • render-tokenRender (RNDR) $ 7.45
  • hedera-hashgraphHedera (HBAR) $ 0.077810
  • stellarStellar (XLM) $ 0.091122
  • cosmosCosmos Hub (ATOM) $ 6.75
  • mantleMantle (MNT) $ 0.802001
  • arbitrumArbitrum (ARB) $ 0.796636
  • okbOKB (OKB) $ 41.78
  • filecoinFilecoin (FIL) $ 4.40
  • crypto-com-chainCronos (CRO) $ 0.092353
  • blockstackStacks (STX) $ 1.66
  • immutable-xImmutable (IMX) $ 1.54
  • makerMaker (MKR) $ 2,470.71
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998170
  • suiSui (SUI) $ 0.901380
  • vechainVeChain (VET) $ 0.025900
  • the-graphThe Graph (GRT) $ 0.215700
  • injective-protocolInjective (INJ) $ 21.01
  • optimismOptimism (OP) $ 1.80
  • lido-daoLido DAO (LDO) $ 2.22
  • bittensorBittensor (TAO) $ 283.23
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,874.87
  • dogwifcoindogwifhat (WIF) $ 1.80
  • arweaveArweave (AR) $ 27.43
  • ondo-financeOndo (ONDO) $ 1.21
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,614.20
  • flokiFLOKI (FLOKI) $ 0.000169
  • bitget-tokenBitget Token (BGB) $ 1.14
  • fantomFantom (FTM) $ 0.565716
  • notcoinNotcoin (NOT) $ 0.014828
  • theta-tokenTheta Network (THETA) $ 1.50
  • jasmycoinJasmyCoin (JASMY) $ 0.029007
  • thorchainTHORChain (RUNE) $ 4.17
  • based-brettBrett (BRETT) $ 0.138848
  • bonkBonk (BONK) $ 0.000020
  • whitebitWhiteBIT Coin (WBT) $ 9.43
  • coredaoorgCore (CORE) $ 1.40
  • celestiaCelestia (TIA) $ 6.26
  • aaveAave (AAVE) $ 79.82
  • eosEOS (EOS) $ 0.562759
  • pyth-networkPyth Network (PYTH) $ 0.317495
  • algorandAlgorand (ALGO) $ 0.134686
  • sei-networkSei (SEI) $ 0.358254
  • quant-networkQuant (QNT) $ 74.96
  • jupiter-exchange-solanaJupiter (JUP) $ 0.781815
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,523.13
  • gatechain-tokenGate (GT) $ 7.91
  • ethenaEthena (ENA) $ 0.593073
  • galaGALA (GALA) $ 0.027989
  • flare-networksFlare (FLR) $ 0.023563
  • zebec-protocolZebec Protocol (ZBC) $ 0.019480
  • pendlePendle (PENDLE) $ 6.12
  • flowFlow (FLOW) $ 0.624003
  • kucoin-sharesKuCoin (KCS) $ 9.85
  • starknetStarknet (STRK) $ 0.707558
  • axie-infinityAxie Infinity (AXS) $ 5.95
  • ordinalsORDI (ORDI) $ 41.42
  • bitcoin-svBitcoin SV (BSV) $ 43.82
  • bittorrentBitTorrent (BTT) $ 0.00000089
  • tokenize-xchangeTokenize Xchange (TKX) $ 10.57
  • beam-2Beam (BEAM) $ 0.016960
  • dydx-chaindYdX (DYDX) $ 1.40
  • singularitynetSingularityNET (AGIX) $ 0.644786
  • gnosisGnosis (GNO) $ 317.93
  • ethereum-name-serviceEthereum Name Service (ENS) $ 25.67
  • neoNEO (NEO) $ 11.34
  • elrond-erd-2MultiversX (EGLD) $ 28.33
  • tezosTezos (XTZ) $ 0.775286
  • roninRonin (RON) $ 2.27
  • the-sandboxThe Sandbox (SAND) $ 0.329545
  • worldcoin-wldWorldcoin (WLD) $ 3.01
  • layerzeroLayerZero (ZRO) $ 2.97
  • msolMarinade Staked SOL (MSOL) $ 161.13
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,480.37
  • usddUSDD (USDD) $ 0.993287
  • akash-networkAkash Network (AKT) $ 2.98
  • fasttokenFasttoken (FTN) $ 2.21
  • nexoNEXO (NEXO) $ 1.23
  • chilizChiliz (CHZ) $ 0.076942
  • frax-etherFrax Ether (FRXETH) $ 3,481.03
  • zksyncZKsync (ZK) $ 0.178507
  • fraxFrax (FRAX) $ 0.997389
  • havvenSynthetix Network (SNX) $ 1.97
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,746.60
  • dexeDeXe (DEXE) $ 11.04
  • lido-staked-solLido Staked SOL (STSOL) $ 159.93
  • ecasheCash (XEC) $ 0.000032
  • mina-protocolMina Protocol (MINA) $ 0.550312
  • safeSafe (SAFE) $ 1.44
  • decentralandDecentraland (MANA) $ 0.329398
  • oasis-networkOasis Network (ROSE) $ 0.091061
  • swethSwell Ethereum (SWETH) $ 3,689.42
  • wormholeWormhole (W) $ 0.337530
  • conflux-tokenConflux (CFX) $ 0.145931
  • book-of-memeBOOK OF MEME (BOME) $ 0.008742
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.23
  • mantra-daoMANTRA (OM) $ 0.713620
  • klay-tokenKlaytn (KLAY) $ 0.158452
  • livepeerLivepeer (LPT) $ 17.77
  • apecoinApeCoin (APE) $ 0.928670
  • heliumHelium (HNT) $ 3.50
  • tether-goldTether Gold (XAUT) $ 2,325.29
  • iotaIOTA (IOTA) $ 0.172800
  • dog-go-to-the-moon-runeDOG•GO•TO•THE•MOON (Runes) (DOG) $ 0.005487
  • staked-frax-etherStaked Frax Ether (SFRXETH) $ 3,797.74
  • aioz-networkAIOZ Network (AIOZ) $ 0.462310
  • 1inch1inch (1INCH) $ 0.400828
  • kavaKava (KAVA) $ 0.457760
  • true-usdTrueUSD (TUSD) $ 0.997550
  • nervos-networkNervos Network (CKB) $ 0.011052
  • xdce-crowd-saleXDC Network (XDC) $ 0.032596
  • theta-fuelTheta Fuel (TFUEL) $ 0.072460
  • illuviumIlluvium (ILV) $ 71.97
  • rocket-poolRocket Pool (RPL) $ 23.24
  • stader-ethxStader ETHx (ETHX) $ 3,593.52
  • arkhamArkham (ARKM) $ 1.93
  • bitcoin-goldBitcoin Gold (BTG) $ 25.65
  • apenftAPENFT (NFT) $ 0.00000044
  • pax-goldPAX Gold (PAXG) $ 2,318.36
  • echelon-primeEchelon Prime (PRIME) $ 10.46
  • blurBlur (BLUR) $ 0.251056
  • axelarAxelar (AXL) $ 0.603471
  • curve-dao-tokenCurve DAO (CRV) $ 0.334134
  • ocean-protocolOcean Protocol (OCEAN) $ 0.641951
  • trust-wallet-tokenTrust Wallet (TWT) $ 0.993908
  • corgiaiCorgiAI (CORGIAI) $ 0.001206
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000074
  • usdbUSDB (USDB) $ 0.997200
  • raydiumRaydium (RAY) $ 1.53
  • paypal-usdPayPal USD (PYUSD) $ 0.997755
  • iotexIoTeX (IOTX) $ 0.042511
  • woo-networkWOO (WOO) $ 0.210488
  • constitutiondaoConstitutionDAO (PEOPLE) $ 0.078864
  • aevo-exchangeAevo (AEVO) $ 0.470362
  • ether-fiEther.fi (ETHFI) $ 3.40
  • turboTurbo (TURBO) $ 0.005701
  • astarAstar (ASTR) $ 0.068801
  • memecoin-2Memecoin (MEME) $ 0.018614
  • compound-ethercETH (CETH) $ 70.19
  • dydxdYdX (ETHDYDX) $ 1.40
  • wemix-tokenWEMIX (WEMIX) $ 1.02
  • polymeshPolymesh (POLYX) $ 0.348468
  • osmosisOsmosis (OSMO) $ 0.552057
  • golemGolem (GLM) $ 0.367253
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000017
  • magaMAGA (TRUMP) $ 7.68
  • kusamaKusama (KSM) $ 23.71
  • aragonAragon (ANT) $ 8.93
  • mx-tokenMX (MX) $ 3.66
  • ioio.net (IO) $ 3.74
  • aerodrome-financeAerodrome Finance (AERO) $ 0.699229
  • stepnGMT (GMT) $ 0.162830
  • cat-in-a-dogs-worldcat in a dogs world (MEW) $ 0.003798
  • safepalSafePal (SFP) $ 0.729835
  • pepecoin-2PepeCoin (PEPECOIN) $ 2.85
  • mog-coinMog Coin (MOG) $ 0.00000092
  • compound-governance-tokenCompound (COMP) $ 48.29
  • radixRadix (XRD) $ 0.031185
  • manta-networkManta Network (MANTA) $ 0.997851
  • holotokenHolo (HOT) $ 0.001814
  • compound-wrapped-btccWBTC (CWBTC) $ 1,294.62
  • celoCelo (CELO) $ 0.589561
  • zilliqaZilliqa (ZIL) $ 0.017034
  • ankrAnkr Network (ANKR) $ 0.030835
  • superfarmSuperVerse (SUPER) $ 0.676482
  • jito-governance-tokenJito (JTO) $ 2.47
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,648.91

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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