Fake World Assets Dethrones Collector Crypt in On-Chain Gacha Revenue

A tiny Ethereum-based NFT gacha protocol called Fake World Assets has made headlines by surpassing Collector Crypt's daily revenue just days after its relaunch. According to DefiLlama data, FWA pulled in $447,604 on July 25, topping Solana's Collector Crypt.

Collector Crypt is a well-established protocol with over $50 million in cumulative revenue and $1 billion in trading volume as of mid-June. Its weekly revenue highs had been exceeding $4 million, and daily active users hit 40,000 after a Solflare wallet integration in June.

FWA, on the other hand, only relaunched on July 20 and achieved its milestone in just five days. In that time, it facilitated around 2,000 ETH in transaction volume, processing approximately 90,000 total transactions with about 35,000 of those being actual purchases.