#Five DeFi protocols see record-high revenue#
Hot Topic Overview
Overview
In December 2024, five major DeFi protocols (Ethena, Sky, Aerodrome, Aave, and Lido) collectively generated $158 million in revenue, with four of them setting new monthly revenue records. Ethena led the pack with $56.9 million in revenue, representing nearly 25% of its total annual revenue. Sky also achieved a new monthly revenue high, reaching nearly $40 million, accounting for 13% of its annual revenue. Aerodrome's monthly revenue was approximately $38 million, also a record high, representing 15.6% of its annual revenue. Aave's monthly revenue also hit a new peak at $13.6 million, accounting for 16.7% of its annual revenue. Only Lido's monthly revenue did not set a new record, reaching $9.6 million, representing 9.3% of its annual revenue. This indicates that DeFi protocol revenue is steadily increasing and exhibiting strong growth momentum.
Ace Hot Topic Analysis
Analysis
In December 2024, five major DeFi protocols (Ethena, Sky, Aerodrome, Aave, and Lido) collectively generated $158 million in revenue, with four of the protocols setting new monthly revenue records. Ethena led the pack with $56.9 million in revenue, representing nearly 25% of its total revenue for the year. Sky also saw its highest monthly revenue ever, reaching nearly $40 million, accounting for 13% of its total 2024 revenue. Aerodrome generated approximately $38 million in revenue in December, another record high, representing 15.6% of its total 2024 revenue. Aave also set a new monthly revenue record, reaching $13.6 million, accounting for 16.7% of its total revenue for the year. Only Lido's monthly revenue did not set a new record, reaching $9.6 million, representing 9.3% of its total 2024 revenue. This indicates that DeFi protocol revenue is rapidly growing, and more and more users are utilizing these protocols. This could be attributed to the continuous innovation and development of DeFi protocols, as well as the increasing interest in DeFi among users.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Five DeFi protocols hit record-high December revenue, totaling $158 million.
Among them, Ethena, Sky, Aerodrome, and Aave all saw their monthly revenue reach new highs.
Ethena's December revenue accounted for nearly 25% of its total revenue last year, while Sky's December revenue accounted for 13% of its total revenue last year.
The growth in DeFi protocol revenue reflects the continued interest and use of DeFi applications in the market.