Friend.tech’s 24-hour fees climb to $1.4 million, ranking third after Ethereum and Lido

Friend.tech amassed 24-hour protocol fees exceeding $1.4 million, ranking it as one of the top three crypto projects.

in the last 24 hours, ranking it as one of the top three crypto projects with respect to user-paid fees.

The increase in 24-hour fees has allowed friend.tech to surpass other blockchain projects in terms of fees, including Uniswap and Tron, ranking behind only the Ethereum blockchain and Lido Finance, DeFiLlama shows. Its fees for the last week were recorded at $2.99 million, of which $1.49 million was revenue.Layer 2 chain, friend.tech is a social app integrated with Twitter, allowing users to trade tokenized shares in one another’s profiles. Shareholders gain exclusive access to content and private chat rooms.

© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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