ARK’s Q3 DeFi report shows incentives propping up activity as Ethereum mainnet slips
ARK Invest’s DeFi Quarterly noted a broad recovery in the third quarter of 2026. The rebound was spurred largely by tokenized stocks, even though a large part of the activity is still reliant on brokerage distribution and token incentives. There was a drop in Ethereum’s mainnet revenue to ~$40.6 million from $63…
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