📢 Flash
Binance Hacked for $6.3 Billion, Yet Titan Builder Earns $22.83 Million in a Single Day to Top Revenue Rankings
By Gu Yu
In the past 24 hours, an obscure name—Titan Builder—topped DeFiLlama’s protocol revenue leaderboard. Its protocol revenue hit $22.83 million—far surpassing second-place Tether ($16.99 million) and third-place Circle ($6.76 million). Titan Builder is neither a stablecoin issuer, nor an exchange, nor a currently trending DeFi protocol. It’s a London-based company with just sixteen employees—and zero public marketing. Its core business? Transaction ordering on Ethereum—i.e., deciding which transactions to include in each block and in what sequence. That very role has made it the most profitable entity across the entire Ethereum chain over the past 48 hours.
I. How a theft turned into protocol revenue
To understand the source of this massive revenue, we must trace it back to the theft itself.
The hacker stole
In the past 24 hours, an obscure name—Titan Builder—topped DeFiLlama’s protocol revenue leaderboard. Its protocol revenue hit $22.83 million—far surpassing second-place Tether ($16.99 million) and third-place Circle ($6.76 million). Titan Builder is neither a stablecoin issuer, nor an exchange, nor a currently trending DeFi protocol. It’s a London-based company with just sixteen employees—and zero public marketing. Its core business? Transaction ordering on Ethereum—i.e., deciding which transactions to include in each block and in what sequence. That very role has made it the most profitable entity across the entire Ethereum chain over the past 48 hours.
I. How a theft turned into protocol revenue
To understand the source of this massive revenue, we must trace it back to the theft itself.
The hacker stole
