Metaplex reported a significant increase in protocol revenue for August, reaching $2.5 million, marking a six-month high. The revenue was primarily driven by $2 million from token metadata, accounting for 80% of the total. Genesis revenue contributed $422,000, a 340% month-over-month increase, fueled by the CARDS and PORTALS projects. Core business revenue added $71,000. Additionally, Metaplex repurchased 6.7 million MPLX tokens, spending $1.1 million, and launched the Genesis Partner Network with ecosystem partners.
Metaplex Achieves Six-Month Revenue High of $2.5 Million in August
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.