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According to DefiLlama data, Ethereum block builder Titan Builder posted $22.83 million in protocol revenue over the past 24 hours, briefly ranking first overall ahead of Tether.
DefiLlama co-founder 0xngmi said Titan Builder generated about $24.7 million in fees over the same period, and the figure was so unusually high that the system initially treated it as a data error and excluded it from the tally. 0xngmi added that MEV-related trading activity surged as recent hacking-related market turmoil and investor fear created more arbitrage opportunities.