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The transaction amount of DAI on the Ethereum chain reached 86 billion US dollars on April 17, a record high in nearly a year.

The transaction amount of DAI on the Ethereum chain reached 86 billion US dollars on April 17, a record high in nearly a year.

Cointime2024/04/23 13:19
By: Cointime
MKR0.00%ETH-0.46%DAI+0.04%

According to data from The Block Pro, the transfer amount of DAI transactions on the Ethereum blockchain reached 86 billion US dollars on April 17, setting a new high in nearly a year. This surge was driven by complex MEV transactions and MakerDAO's flash mint module. It is reported that an MEV robot executed more than 250 transactions for several days to profit from Flash Mints.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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