According to Makerburn.com data, the supply of DAI stablecoin has surged to a 5-month high of 5.35 billion. With the increase in supply, the protocol's annual income has also reached its highest point in two years at $165.4 million, which means that Maker currently earns about $165 million in fees per year.

This increase may be attributed to the MakerDAO community's vote on August 6 to temporarily increase the annual yield from 3.19% to 8%. Dune data shows that since last week, the DAI savings rate (DSR) deposit for the protocol has grown nearly four times, from $340 million to $1.3 billion. (Decrypt)