THORChain generated approximately US$5.5 million in fee revenue due to the Bybit hacking incident."
The Internet reported that since Bybit suffered a $1.4 billion hack, the cross-chain asset exchange protocol THORChain has processed more than $5.4 billion in transaction volume, bringing approximately $5.5 million in revenue to the platform. According to ThorChain browser data, in the single day after Bybit was hacked, ThorChain handled more than US$1 billion in exchange transactions, generating total revenue of more than US$554,000 that day alone.
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