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But we saved everything 🙂.
Andre Cronje, chief technology officer (CTO) at Sonic Labs (formerly known as Fantom), highlighted that revenue, including puts revenue, has approached $1 million within the first 90 days.
Cronje posed a question about the potential annual recurring revenue (ARR) implied by this early performance.
Cronje has previously pointed to excitement around total return swaps and the team’s rapid progress with the PUT system. In an earlier update, he detailed how USDC and USDT offer stable yields on Sonic and Ethereum without the need for incentives. These developments come as the platform continues to report new revenue milestones.