MakerDAO RWA assets have shrunk to US$2.1 billion, and related revenue only accounts for 44% of the protocol’s annual revenue

Odaily Odaily Dune data shows that MakerDAO’s total annual revenue is expected to reach US$243 million, of which cryptocurrency-backed loan-related revenue accounts for more than 50% (crypto loan issuance amount is US$2.4 billion, generating revenue of more than US$122 million); and RWA Assets have shrunk to $2.1 billion, and related revenue (over $100 million) accounts for only 44% of MakerDAO’s annual revenue. In comparison, MakerDAO's RWA assets once exceeded US$3.5 billion in November 2023, and related revenue accounted for two-thirds of MakerDAO's revenue. Sam MacPherson, CEO of Phoenix Labs and founder of MakerDAO lending app Spark Lend, said: “Maker earns more revenue on DeFi native loans because it attracts more people who want to leverage (profit) in the bull market. Users on the chain.” (DL News)