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Yano 🟪
@JasonYanowitz
co-founder @blockworks // host @theempirepod
Joined January 2013
2.6K Following    128.4K Followers
Best report I've read on Robinhood Chain: > Q2 crypto revenue fell 38% YoY to $100m accounting for 8% of revenue > Retail crypto volume declined 36% YoY > Crypto’s share of total AUC fell to all-time low of 7% > Robinhood Chain had one of the strongest L2 launches in history > Generated $3.6m in REV during July > Accounted for 38% of all L2 chain revenue >Memecoins drove activity, at 51% of July spot volume compared to just 5% for RWAs > 48% of RWA volume occurred in liquidity pools pairing an RWA with a memecoin > USDG already generates est. $10.5m in annualized interest income > Lighter’s wallet-only integration accounted for just 0.2% of its total perps volume from @blockworksres I'm bullish.
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