@vhictoirya
@aerodrome on @base.base.eth exhibits significant revenue volatility, with daily fluctuations frequently exceeding 40%.
Despite these sharp swings, the 30-day average revenue maintains relative stability at approximately $900K per day.
Recent performance indicates a downward trend, with revenue declining from $800K to $378K over a 3-day period.
This decline is particularly notable given the protocol's continued strong user engagement, maintaining 300K+ daily active traders throughout the period.
The divergence between sustained trading activity and declining revenue suggests potential factors such as reduced transaction values, lower fee capture, or changing market conditions affecting revenue generation efficiency.
View full analysis: https://flipsidecrypto.xyz/chat/shared/artifacts/aerodrome-revenue-trends-volatility-on-base-xejkrbq2
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