We are super excited to share Nostra’s revenue results from July to September 2024, totalling approximately $466,426.49.
This includes:
- Money Market Revenue: $99,312.87, with significant contributions from ETH, WBTC, USDC, and STRK.
- Liquidation Revenue: $355,955.09, driven by high market volatility, leading to increased liquidation activity.
- Staking Revenue (nstSTRK): $11,158.53 from STRK staking.
Nostra continues to generate revenue, and we are hugely excited about what’s ahead.
With recent changes to lower borrowing rates on key assets, we expect the money market to see increased borrowing and utilization rates, leading to even higher revenues in the next quarter.
Additionally, as Nostra expands onto the Monad later this year, we anticipate further significant revenue growth from going multichain, reinforcing our position as a leading protocol in the DeFi space and diversifying our user base.
The future of Nostra looks incredibly bright, and we can’t wait to continue sharing our journey with the community!
