Sunday, November 17, 2024

DEXScreener is Incomes Over $1 Million in Weekly Charges

The chart and information aggregator is among the many high 15 income mills throughout DeFi.

DEXScreener, a well-liked chart and information aggregator for onchain tokens, is among the high earners in all of DeFi, based on DeFiLlama.

The platform earned $5.4 million over the past 30 days, making it one of many high 15 income mills in DeFi, forward of Aave with $4.29 million

DEXScreener Daily Revenue chart
DEXScreener Every day Income

0xngmi, the founding father of DeFiLlama, posted on Aug 15 that the analytics web site is now monitoring DEXScreener metrics, and the location is making as much as $250,000 per day by charging charges for groups to replace their token’s branding and data on the location.

As a “go-to” supply for merchants shopping for and promoting microcap altcoins, a token’s DEXscreener web page is normally a possible purchaser’s first impression of a token. Groups pay a $300 payment to the platform to replace data akin to their token’s icon and banner picture or direct hyperlinks to social media pages, together with Twitter and Telegram.

The platform tracks all tokens with lively liquidity swimming pools on greater than 80 totally different blockchains.

DEXScreener’s success is yet one more instance of the demand for memecoin infrastructure. Between launchpads, telegram bots, buying and selling terminals and now information aggregators, 7 of the highest 20 highest income mills in DeFi are memecoin-adjacent.

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