Fake World Assets Daily Revenue Surges, Briefly Ranking Second on Ethereum

Protocol hit $447k daily peak revenue in four days, surpassing Aave and Uniswap before dropping to $167k. Total fees reached $1.6M with 2,000 ETH volume.

Woofun AI data shows that Fake World Assets, an Ethereum-based random NFT acquisition protocol by Token Works, generated $1.6 million in total fees within four days of its July 20 relaunch. The protocol’s peak daily revenue reached $447,604 on July 25, processing approximately 90,000 transactions and 2,000 ETH in volume. Subsequently, activity declined, with 24-hour revenue falling to $167,869. This figure placed the protocol second in daily revenue among Ethereum protocols, trailing only Sky ($464,303) but leading Aave ($105,282) and Uniswap ($76,028). The mechanism utilizes pledged ETH collateral to weight NFT bids, with Chainlink VRF ensuring randomness. Token emission incentives expire 15 days post-launch, while Collector Crypt on Solana remains the sector leader with over $209 million spent in June.