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TechFlow reports, on November 18, Leon Waidmann, Research Lead at Onchain Foundation, posted that stablecoin operations remain the most profitable business on-chain. During last week (November 11 to 17), the top three projects by fee revenue were: Tether ranked first with $93.57 million, Ethereum second with $65.19 million, and Raydium third with $39.26 million.
Onchain Foundation research head Leon Waidmann stated that the stablecoin business remains the most profitable on-chain sector. Last week (November 11–17), the top three projects by fee revenue were: Tether in first place with $93.57 million, Ethereum second with $65.19 million, and Raydium third with $39.26 million.
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