Maker Protocol Revenue Hits Record High as RWA Deposits and DAI Yields Surge
-
Maker Protocol's annualized revenue hit a new all-time high of $203M, up from previous peak of $172.3M in May 2021.
-
Surge driven by increased deposits of tokenized real-world assets (RWAs) for minting DAI and higher yields for DAI holders.
-
RWA deposits now over $3B, making up 42.7% of Maker's total deposits of $7.54B.
-
DAI Savings Rate (DSR) yields increased to 5% in August, boosting demand for DAI and sDAI deposits.
-
Launch of sDAI on Gnosis Chain further increased sDAI supply and demand from DeFi yield opportunities.