Every Zipp story tagged #OnChainRevenue, newest first.
Courtyard alone took nearly 58%, leaving the market heavily dependent on one platform even as trading-card games draw on-chain activity.
The 30% rally is downstream beta, not direct cash flow. ARB holders see zero of the $531K monthly routed to the Arbitrum DAO. Speculative momentum chasing a real but indirect revenue story.
The fall from 58% to 54% comes with capital concentrating in a narrow set of tokens that route fees, burns, or institutional hooks back to holders, not in a blanket altseason.
Tron added $3.16B in stablecoin supply in a single month and pulled $32.2M in revenue, extending its lead over every other chain on a dollar-of-fees-per-dollar-of-TVL basis.
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