While November brought challenges across major DeFi protocols, Katana managed to hold its ground with surprisingly stable metrics, according to fresh data from Blockworks Research.
The numbers tell an interesting story:
Total revenue hit $345K — that's a 25% dip compared to previous periods, mainly driven by shrinking yield opportunities across the board.
Katana's revenue model pulls from three distinct channels: ▸ VaultBridge operations ▸ Cross-chain transaction fees ▸ Liquidity provision rewards
What stands out? While competitors saw sharper drops, Katana's infrastructure kept performing through the volatility. Not flashy, just consistent.
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GasDevourer
· 12-14 08:14
Stability is indeed the way to go; it feels much more reliable than the sudden surges and drops.
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ApyWhisperer
· 12-14 06:50
Katana really held its ground; while others were crying, it remained steady as a rock.
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Layer2Arbitrageur
· 12-11 09:02
lmao 345k revenue with only 25% drawdown while competitors got absolutely rekt? that's actually wild. most bridges hemorrhaging way harder rn. gotta dig into those three revenue streams tho - vault ops carrying the load or is cross-chain fees doing the heavy lifting here
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CryptoCrazyGF
· 12-11 08:59
Damn, Katana can still hold steady this time, while other protocols are all crashing down.
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YieldFarmRefugee
· 12-11 08:56
Katana has stabilized this time, while other projects are crying. This guy actually has a bit of resilience, a 25% drop is nothing. Just look at the neighbor...
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ContractFreelancer
· 12-11 08:51
25% decline is also called stability? I think it's just that the competitors are worse off haha
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Katana truly withstood the pressure this time. While others have fallen apart, it's still calmly operating
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345k sounds like a lot, but this is the norm for defi nowadays. Just staying alive is considered a win
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Walking on three legs is indeed stable, unlike some protocols whose one leg is almost broken
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A 25% decrease in revenue and still daring to boast stability... but compared to competitors, it's relatively resistant to decline
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Living through a volatile market is a victory, and Katana's infrastructure is solid
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In the contract world, stability is relative. Maintaining 347k is already quite good
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RugPullAlertBot
· 12-11 08:48
345k, sounds okay. Compared to those opponents who have dropped drastically, I guess I held up... But a 25% drop isn't anything to brag about. Anyway, it's the end of the month, let's continue watching the show.
While November brought challenges across major DeFi protocols, Katana managed to hold its ground with surprisingly stable metrics, according to fresh data from Blockworks Research.
The numbers tell an interesting story:
Total revenue hit $345K — that's a 25% dip compared to previous periods, mainly driven by shrinking yield opportunities across the board.
Katana's revenue model pulls from three distinct channels:
▸ VaultBridge operations
▸ Cross-chain transaction fees
▸ Liquidity provision rewards
What stands out? While competitors saw sharper drops, Katana's infrastructure kept performing through the volatility. Not flashy, just consistent.