WuBlockchain
Titan Builder briefly ranked first in 24-hour protocol revenue with $22.83 million, surpassing Tether, according to DeFiLlama. Co-founder 0xngmi separately said the Ethereum block builder generated about $24.7 million in fees over the same period.
The unusually high activity was attributed to arbitrage opportunities created by hacker-related market disruptions and widespread panic. The figures point to how volatile market conditions can drive sharp increases in MEV activity and block-builder revenue.
Frequently asked questions
-
How much revenue did Titan Builder report in DeFiLlama’s 24-hour rankings?
Titan Builder briefly ranked first with $22.83 million in 24-hour protocol revenue, surpassing Tether.
-
Why did 0xngmi cite a different figure for Titan Builder?
DeFiLlama co-founder 0xngmi said Titan Builder generated about $24.7 million in fees over the same period.
-
What drove the increase in Titan Builder’s activity?
The surge was attributed to MEV arbitrage opportunities created by hacker-related market disruption and widespread panic.
-
What does MEV activity have to do with block-builder revenue?
The account links the elevated MEV activity to arbitrage opportunities and the unusually high fees generated by Titan Builder.
-
What does the episode show about Ethereum during market disruption?
Disruption and volatility can coincide with sharp bursts of MEV activity and block-builder revenue on Ethereum.
CryptoSlate
Whale Alert
Lookonchain
TheBlock
Benjamin Cowen
WatcherGuru
CoinDesk