Since its launch in August, friend.tech developers have earned nearly $20 million
ChainCatcher news, according to DefiLlama data, friend.tech is leading as the largest revenue-generating application on Base and the second largest application in all cryptocurrencies. At the current pace, its annual revenue is expected to reach $180 million.So far, the platform has charged users nearly $40 million in total fees. These fees are generated by taxing about 10% of the social token trading volume. Half of the total fees are distributed as revenue to the project team, while the other half is allocated to users trading Keys.According to on-chain data aggregated on Dune, in addition to $20 million in revenue, friend.tech founder "0xRacer" has also earned over $440,000 from the platform alone.