We are excited to share the revenue results for Nostra from October to December 2024, with a total revenue of $180,379.51. This includes:
- Money Market Revenue: $103,030.93, with significant contributions from ETH, USDT, USDC, and STRK.
- Liquidation Revenue: $68,828, driven by high market volatility, leading to increased liquidation activity.
- Staking Revenue (nstSTRK): $8,520.57 from STRK staking.
Nostra continues to generate revenue, and we are hugely excited about what’s ahead. With reduced borrowing rates on key assets and ongoing discussions with RWA providers and institutional custodians, we expect the money market to see increased TVL, borrowing, and utilization rates, leading to even higher revenues in the next quarter.
Furthermore, with Nostra’s expansion on to Monad this year, we expect considerable revenue growth from our multichain efforts, strengthening Nostra’s status as a dominant protocol in DeFi and broadening our user base.
Nostra’s future is bright, and we are excited to continue sharing our journey with the community!
All in.