DeFi Earnings Fell 42% in Q2 Even as Token Prices Surged
Cointelegraph
Published Jul 15, 2020 11:28PM ET
Updated Jul 16, 2020 01:00AM ET
The DeFi industry may be booming this year, but a new report shows earnings have fallen despite a huge surge in token prices.
The second quarter token report from Bankless, a DeFi focused newsletter from Mythos Capital founder, Ryan Sean Adams, revealed that earnings fell by 42% in the second quarter, from $5.5 million in Q1 down to $3.9 million in Q2. The findings are somewhat surprising since most DeFi related tokens have been on fire recently.
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Written By: Cointelegraph
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