Ignas | DeFi|Feb 02, 2026 14:54
Aave Labs revenue outpaces Aave DAO revenue from Cow swap partner fees in six months.
This used to flow to the DAO and could've been used for AAVE burns.
To be clear: the DAO still makes $13M per month in total protocol revenue.
But $5M in fees quietly changed hands. (Ignas | DeFi)
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