Mike Dudas
what's the story here? https://t.co/xdzYjS6mHX
266 days agoMike Dudasmdudas
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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The Story DeFi protocol shows a Total Value Locked (TVL) of $31.82 million, up 1.39% in 24 hours. Despite a $IP token price of $5.66 and a market cap of $1.716 billion, daily chain fees and revenue are only $45, with no token incentives. This suggests a significant disconnect between the token's valuation and the protocol's current revenue generation.

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About Mike Dudas
Mike Dudas

Mike Dudas

By mdudas

crypto investor @6thManVentures // co-founder @theblock__ @linksdao // @moonbirds kol