Orbiter Finance reports over 20K ETH in annual revenue, leads other cross-chain protocols
Share link:In this post: Orbiter Finance generated an annual revenue of over 20,000 ETH worth $52.7 million, surpassing Base’s $39M earnings. The cross-chain bridging protocol’s revenue surpassed all other third-party cross-chain bridges combined. As of August 23, Orbiter had processed 24M transactions with a transaction volume of over $16B and over 4M global users.
The Orbiter Finance team announced that the cross-chain bridge had earned over $52 million in annual revenue. According to Orbiter’s official website, the protocol had nearly 4 million global users, an overall transaction volume of over $16B, and processed over 27 million transactions.
Orbiter declared on August 23 that its annual revenue was 35.13% higher than the $39M generated by the Coinbase-backed Layer 2 solution Base over the same period, as reported by Token Terminal . The cross-chain bridging protocol’s financial report also showed that its annual earnings surpassed the combined revenue of all other third-party cross-chain bridges.
Orbiter Finance outperforms Base in annual revenue report
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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