Welcome, Bankless Nation back to the Roundtable. Back here with me today is the man with

Gluteness Glute's Zero X Bread Guy. Good to see you. Yo-yo. And Crypto's chief, lowercase,

are Rev researcher, John Sharbon. How's it going? Revsearcher, maybe. Rev searcher, yeah.

And then last but not least, the world's most zen D-GIN.

Andy 805-2, welcome back.

Hello?

Okay, so crypto-twitter is talking about REV, and I don't exactly know why we picked this week

to talk about REV, but I think it has to do with John Sharpenow over here,

who put out a tweet and then all of a sudden the meta for this week started talking about

RIV, which means that we just had nothing better to talk about, I would assume.

John, why are we talking about REV?

Yes, sure.

And yeah, I definitely do think it's a sign that we don't have anything better to talk about because none of this is honest with you.

You don't think so? I think it's good. It's good stuff, but none of it's that new. The only new thing was, so I put out this tweet on Saturday morning and that was kind of what kickstarted everything. I'm showing it on my screen for the viewers.

Yeah. I had basically just done the back of

the envelope math of I was curious what it looked like. Just looking back at the amount of fees

and MEV generated by these platforms. So REV, the way that we're using it here is real economic

value. It's just all the network fees and

MEV tips that users are paying for a given network. And I kind of realized I was curious.

Most people are saying that most of these networks have traded on completely irrational valuations.

I was curious what the biggest ones have traded on historically. And if you look back,

ETH, when it traded at its all-time high price, which was in late 2021, and Seoul when it traded at its all-time high price in January this year,

...