Data: Maker protocol's annualized revenue exceeds $165 million, reaching a two-year high

ChainCatcher news, according to data from Makerburn.com, the supply of the DAI stablecoin has surged to a five-month high of 5.35 billion. With the increase in supply, the protocol's annual revenue has also reached a two-year high of $165.4 million, which means that Maker is currently earning about $165 million in fees per year.

Previously, ChainCatcher reported on August 6 that the MakerDAO community voted to temporarily raise the annual yield from 3.19% to 8%. Additionally, according to Dune data, since last week, the deposits in the DAI Savings Rate (DSR) have grown nearly fourfold, from $340 million to $1.3 billion.