ZORA Protocol Surpasses $4.46M in 24-Hour Revenue – Coincu

By: bitcoin ethereum news|2025/05/05 06:45:01
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ZORA Protocol achieves $4.46 million in 24-hour revenue, signaling market interest. Generated $14.3 million revenue in past week. Tether and Circle rank first and second in revenue. ZORA Protocol generated $4.46 million in the last 24 hours, on May 4th, earning third place on the crypto revenue leaderboard. The surge occurred mainly on the Ethereum chain without any official statements from ZORA. The sharp increase in ZORA Protocol’s revenue highlights significant market interest in its NFT infrastructure, surpassing platforms like Meteora and Jito. The event emphasizes demand for protocol-native NFT minting solutions over third-party aggregations. ZORA’s Impressive Revenue Surge Takes Third Place ZORA Protocol achieved an impressive $4.46 million in revenue within 24 hours , ranking just below Tether and Circle. These earnings underline a strong preference for ZORA’s NFT infrastructure. Despite the significant surge, ZORA’s leadership, including co-founder Jacob Horne, have not made public comments on the matter. Ethereum-based activity dominated ZORA’s revenue contribution , accumulating nearly $9.87 million in total value locked on the Ethereum blockchain, showcasing substantial NFT-related activities. This marked increase suggests potential changes in user behavior favoring protocol-native minting methods, contrasting previous trends seen with platforms like OpenSea. There has been a notable absence of reactions from prominent figures such as Arthur Hayes or Vitalik Buterin . The community’s silence, combined with encouraging user data, highlights an evolving adoption of decentralized NFT frameworks without immediate regulatory or celebrity commentary. According to CoinMarketCap, Ethereum’s (ETH) current price stands at approximately $1,825.67, with a market cap of about $220.42 billion. ETH maintains a market dominance of 7.45%; recent 24-hour trading volume reached $8.31 billion, reflecting a 0.98% change. Price movements indicate a slight 24-hour decrease of 0.71%, contrasting a 1.82% rise over the past seven days. Long-term trends show a 36.26% decline over 90 days, indicating volatility in outcomes. Jacob Horne, Co-Founder, ZORA Protocol, “The sharp increase in protocol fee revenue is likely tied to either a major NFT drop, platform upgrade, or a novel minting event.” NFT Protocol Expansion Highlights Shifts in User Adoption Did you know? The $4.46 million revenue surge for ZORA Protocol is substantial compared to similar NFT infrastructure platforms, showcasing its capability to quickly compete with established systems like OpenSea and Blur during peak activity. Coincu research highlights a potential for continued expansion in NFT protocol monetization, driven in part by user inclination towards decentralized minting solutions. Present trends suggest sustained interest in protocols leveraging native network features, prompting scrutiny from regulatory bodies and technological developments within the space. Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 22:19 UTC on May 4, 2025. Source: CoinMarketCap There has been a notable absence of reactions from prominent figures such as Arthur Hayes or Vitalik Buterin. The community’s silence, combined with encouraging user data, highlights an evolving adoption of decentralized NFT frameworks without immediate regulatory or celebrity commentary. Source: https://coincu.com/335689-zora-protocol-revenue-surge/

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WEEX P2P update: Country/region restrictions for ad posting

To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.

 

I. Overview

When publishing P2P ads, advertisers can now set the following:

Allow only counterparties from selected countries or regions to trade with your ads.

With this feature, you can:

Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.

 

II. Applicable scenarios

The following are some common scenarios:

Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.

 

III. How to get started

On the ad posting page, find "Trading requirements":

Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.

 

When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:

If you encounter this issue when placing an order as a regular user, try the following solutions.

Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.

 

IV. Benefits

Compared with ads without country/region restrictions, this feature provides the following improvements.

Aspect

Improvement

Trading security

Reduces abnormal orders and fraud risk

Conversion efficiency

Matches ads with more relevant users

Order completion rate

Reduces failures caused by incompatible payment methods

V. FAQ

Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.

 

Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.

 

Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.

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