#Five DeFi protocols see record-high revenue#
Hot Topic Overview
Overview
In December 2024, the top five DeFi protocols (Ethena, Sky, Aerodrome, Aave, and Lido) generated a combined revenue of $158 million. Among them, Ethena, Sky, Aerodrome, and Aave all achieved record-high monthly revenue. Ethena led the pack with $56.9 million in revenue, accounting for nearly 25% of its total annual revenue. Sky also recorded its highest monthly revenue, reaching nearly $40 million, representing 13% of its total annual revenue. Aerodrome's monthly revenue was approximately $38 million, also a record high, accounting for 15.6% of its total annual revenue. Aave's monthly revenue reached $13.6 million, setting a new record and representing 16.7% of its total annual revenue. Lido was the only DeFi protocol that did not achieve a record-high monthly revenue, generating $9.6 million in December, accounting for 9.3% of its total annual revenue. This indicates that DeFi protocol revenue is steadily increasing, demonstrating strong market vitality.
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 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 record-breaking monthly revenue of nearly $40 million, accounting for 13% of its total annual revenue. Aerodrome's revenue on Base also reached a new high of approximately $38 million, representing 15.6% of its total annual revenue. Aave's monthly revenue also set a new record at $13.6 million, accounting for 16.7% of its total annual revenue. Only Lido's monthly revenue did not reach a new high, at $9.6 million, representing 9.3% of its total annual revenue. This indicates that DeFi protocol revenue is steadily increasing, attracting a growing number of users.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Five
DeFi
protocols
December
revenue
hit
all-time
highs
totaling
1.58
billion
dollars
,
Ethena
,
Sky
,
Aerodrome
and
Aave
four
protocols
saw
monthly
revenue
hit
all-time
highs
,
Ethena's
December
revenue
accounted
for
nearly
25%
of
its
total
annual
revenue
,
DeFi
protocol
revenue
growth
reflects
the
market's
continued
interest
in
decentralized
finance