Data shows that more than $7 million flowed into friend.tech last week. After several months of capital outflows, friend.tech currently has a TVL of more than $40 million. Its weekly fees exceeded $1.3 million for the first time since November last year, bringing the platform's revenue to more than $600,000.
The platform's activity has increased before the app is about to launch version 2.0. It is reported that the developer said the new version will be released after April 20. The key element of this update is to expand the platform beyond X to attract more new users. Last weekend, the developer also previewed the FRIEND token, and users speculated that these tokens may be distributed based on the points accumulated before its release (rewards for using friend.tech). (CoinDesk)