Data: MakerDAO RWA assets have shrunk to 2.1 billion USD, accounting for only 44% of MakerDAO's total revenue

ChainCatcher news, DLNews cites Dune panel data stating that MakerDAO's annual total revenue of $243 million is contributed by cryptocurrency-backed loans amounting to $122 million, accounting for over 50%, while RWA assets have shrunk to $2.1 billion, only making up 44% of MakerDAO's revenue. However, in November 2023, MakerDAO's RWA assets once exceeded $3.5 billion, contributing more than two-thirds of its revenue.

In response, Sam MacPherson, CEO of Phoenix Labs and creator of MakerDAO's lending application Spark Lend, stated: "Maker earns more revenue from DeFi-native loans because it attracts more on-chain users looking to leverage during a bull market."