According to DefiLlama data, friend.tech is the largest revenue-generating application on Base and the second-largest application in all cryptocurrencies. At the current rate, its annual revenue is expected to reach $180 million. So far, the platform has charged users a total fee of nearly $40 million.

These fees are generated by taxing about 10% of the social token trading volume. Half of the total fees are distributed as income to the project team, and the other half is distributed to users who trade Keys. According to on-chain data aggregated on Dune, in addition to $20 million in revenue, "0xRacer," the founder of friend.tech, also individually received over $440,000 in income from the platform.