Data: EtherFi's per-user revenue reaches $256, far surpassing payment platforms such as Revolut, Wise, and SoFi
According to Odaily, Lisk researcher Leon Waidmann posted on X that EtherFi has transformed from an Ethereum staking protocol into a crypto digital bank that includes staking, DeFi yields, and a Visa card. Currently, EtherFi has only 21,000 total users, but the platform revenue generated per user reaches $256. In comparison, one exchange has 93.5 million users with a per-user revenue of $60; another exchange has 13.4 million users with a per-user revenue of $83; SoFi has 12.6 million users with a per-user revenue of $264. The total EtherFi user balance amounts to $9.9 billions, with an average of about $470,000 in assets per account. EtherFi operates through smart contracts and on-chain yields, requiring neither a banking license nor traditional technology, and has been profitable since its first day of operation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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