In the past 24 hours, the GMX on-chain service fee revenue exceeded $530000
According to reports, according to Cryptofees.info data, in the last 24 hours, the revenue of Ethereum’s on-chain service charges was $4620695.52, the revenue of Uniswap’s on-chain service charges was $1818213.28, the revenue of BSC’s on-chain service charges was $626395.2, the revenue of GMX’s on-chain service charges was $532460.43, the revenue of Bitcoin’s on-chain service charges was $530883.53, and the revenue of SushiSwap’s on-chain service charges was $447340.77.
Interpretation of this information:
The message reports on the revenue generated by the on-chain service charges of different cryptocurrencies in the past 24 hours. According to Cryptofees.info data, Ethereum generated the highest revenue of $4620695.52, followed by Uniswap with $1818213.28, BSC with $626395.2, GMX with $532460.43, Bitcoin with $530883.53, and SushiSwap with $447340.77.
The high revenue of Ethereum’s on-chain service charges could be attributed to its popularity and the high demand for its smart contract capabilities. Uniswap, a decentralized platform for automated liquidity provision, also generated a significant amount of revenue, indicating its strong user adoption and community support. BSC, a blockchain platform developed by Binance, has gained traction among users for its lower gas fees compared to Ethereum.
GMX, a decentralized exchange protocol, has also been gaining popularity among users, contributing to the revenue generated through its on-chain service charges. Bitcoin’s relatively low revenue can be attributed to its limited capability as a transactional currency and the absence of smart contract functionality. Meanwhile, SushiSwap, a decentralized exchange platform, also generated a sizeable amount of revenue despite facing criticism in the past for its security flaws.
In summary, the report on the revenue generated by the on-chain service charges of different cryptocurrencies highlights the popularity and user adoption of Ethereum, Uniswap, BSC, GMX, Bitcoin, and SushiSwap. The three keywords to summarize the content are cryptocurrency revenue, on-chain service charges, and user adoption.
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