🚨 2025: money is flowing — but not to everyone 🤑
Top 3 protocols by fees generated this year:
▪️ Meteora $MET — $1.22B
METUSDT
Perp
0.1733
+0.69%
▪️ Jupiter $JUP — $1.1B
JUPUSDT
Perp
0.2304
-0.77%
▪️ Uniswap $UNI — $1B
UNIUSDT
Perp
3.752
+0.10%
Sounds like success? Not exactly.
📉 Despite leading in revenue, Meteora’s token (MET) failed to attract demand after its long-awaited airdrop in October — the price remains in a clear downtrend.
💡 The protocol makes billions.
❓ The token keeps bleeding.
Is this a broken token model — or is the market seeing something others don’t?
👇 What do you think: do protocol revenues still matter for token price?