#Five DeFi protocols see record-high revenue#
Hot Topic Overview
Overview
In December 2024, the total revenue of five major DeFi protocols (Ethena, Sky, Aerodrome, Aave, and Lido) reached $158 million, 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 2024. Sky also saw its monthly revenue hit a record high, reaching nearly $40 million, accounting for 13% of its total revenue for 2024. Aerodrome's December revenue was approximately $38 million, also a record high, representing 15.6% of its total revenue for 2024. Aave's December revenue was $13.6 million, a record high, accounting for 16.7% of its total revenue for 2024. Lido was the only DeFi protocol that did not set a new monthly revenue record, with December revenue of $9.6 million, representing 9.3% of its total revenue for 2024. This indicates that DeFi protocol revenue is continuing to grow and showing strong momentum.
Ace Hot Topic Analysis
Analysis
In December 2024, the total revenue of five major DeFi protocols (Ethena, Sky, Aerodrome, Aave, and Lido) reached $158 million, 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 2024. Sky also saw its highest monthly revenue, reaching nearly $40 million, accounting for 13% of its total revenue for 2024. Aerodrome's revenue on Base also hit a record high, reaching approximately $38 million, representing 15.6% of its total revenue for 2024. Aave's revenue also set a new record, reaching $13.6 million, accounting for 16.7% of its total revenue for 2024. Only Lido's monthly revenue did not set a new record, reaching $9.6 million, representing 9.3% of its total revenue for 2024. These figures indicate that DeFi protocol revenue is continuing to grow, and more and more users are utilizing these protocols.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Five
DeFi
protocols
revenue
hit
new
highs
totaling
1.58
billion
dollars
Ethena
Sky
Aerodrome
and
Aave
four
protocols
set
monthly
revenue
records
Ethena's
December
revenue
accounted
for
nearly
25
percent
of
its
total
revenue
last
year
Sky's
December
revenue
hit
an
all
time
high
just
under
1
million
dollars
less
than
its
January
2022
record