Post
sonaali
$PONS: The hype is cooling.
PONS saw fees explode to ~$11M/day in early September, but activity has since normalized. By late September, daily fees settled around $1.5–2.5M, while protocol revenue fell to roughly $200K–$300K/day.
The buyback-and-burn model remains interesting, but the explosive growth phase has clearly cooled. Now the key question is whether steady usage can sustain the flywheel.
#PONS #Crypto #DeFi#USTreasuryYieldsClimb #FirstNEARSpotETFInUS #StrategyBuys1665BTC
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$84,159.4-0.01%
ETH/USDTEthereum
$2,667.33-0.01%
SOL/USDTSolana
$117.99-0.02%
Today’s market buzz
1#USNFPDataCools
Hot
2#BTCETHETFOutflows
3#USTreasuryYieldsSurge
