#DeFi Revenue Returns to High Levels#
Hot Topic Overview
Overview
DeFi revenue returned to 2021 highs in 2023, with Aave and MakerDAO shining brightly. Ethena's rapid rise and MakerDAO's record-breaking revenue in December both indicate that DeFi is making a comeback. The influx of new entrants driving DeFi revenue growth suggests that the DeFi space is thriving.
Ace Hot Topic Analysis
Analysis
DeFi revenue returned to 2021 highs in 2023, driven largely by new entrants. Aave and MakerDAO were standout performers, with MakerDAO hitting an all-time high in December. The rapid rise of Ethena also contributed to the growth in DeFi revenue. This indicates that DeFi is experiencing a resurgence, with new participants and innovations driving the industry forward.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
DeFi
income
returned
to
2021
high
in
2023
Aave
and
MakerDAO
are
the
main
contributors
to
DeFi
income
growth
new
entrants
drove
DeFi
income
growth
DeFi
is
experiencing
a
comeback
year