Crypto.com dropped their interest rates to almost nothing a long time ago. Much earlier than many others.

They had a healthy crypto lending business before regulation killed it in many jurisdictions. It is still an earner in some places though.

The fact that CRO is traded on a lot of exchanges other that their own is a good sign to me.

They are also making money on their credit cards (on merchant fees) now that they dropped their cashback rates.

They also make a margin on trades on their app - which is very convenient but has worse margins that the exchange.

It is a sustainable business if prudently managed.

Just because FTX was a scam (and took out non-scam BlockFi because of reliance upon FTX) does not mean all centralised crypto is a scam.

Not your keys not your crypto is still the watchword, but the credit card and app has real functionality.