Titan Builder briefly outearned Tether in daily revenue

Ethereum block builder Titan Builder briefly surpassed stablecoin issuer Tether in 24-hour protocol revenue, reaching $22.83 million on October 31, 2026. This figure exceeded Tether’s $16.99 million and Circle’s $6.76 million during the same window.

The revenue spike was driven by a surge in Maximal Extractable Value (MEV) activity on the Ethereum network. Increased competition among MEV bots for transaction ordering allowed the block builder to capture significant fees.

Analysts note that this event represents a temporary spike in infrastructure earnings rather than a structural shift in Ethereum demand. The market showed no significant reaction to the news, with ETH holding near $2,242.77 and BTC trading around $77,303.