We're missing the third line: consumer gross Pnl. I bet it's negative too.
Rajiv Patel-O’Connor
Rajiv Patel-O’Connor1.8. klo 06.12
From Coinbase Q2 earnings... Consumer trading volume: $43B Consumer net trading revenue: $649.9M Average trading fee for retail is 1.5% which is more expensive than much of DeFi, most of CeFi, and more than order of magnitude more expensive than TradFi.
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