.@SiloFinance continues to be the fastest growing dApp on @avax, with +86% MTD. But why?
- They're offering 13% on $USDC and 18% on $AVAX.
- V2 daily volume hit an ATH of $15M.
- Revenue hit another ATH of ~$179k in July.
Overall, they saw a 67% growth in fees, which is bullish for $SILO, since 50% of the revenue is used for buybacks.
The introduction of new vaults should keep this growth going for the foreseeable future.
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