Collector Crypt posts record $433.5M Q3 revenue as CARDS token drops 14%
- —Q3 revenue hit $433.5M (+8% QoQ) with gross profit of $25.4M (+12%)
- —Monthly sales fell from $157.3M in July to $141.7M in August and $134.5M in September
- —Buybacks and redemptions totaled $408.1M, or 94.1% of revenue; gross margin was 5.9%
- —CARDS token dropped 14% over the quarter to $0.195; cumulative revenue topped $1B
Why it matters: The report highlights a widening gap between record revenue, falling sales and a declining token, testing the durability of Solana's card-custody model.
Source: ChainCatcher 链捕手