#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, 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 annual revenue. Sky also achieved a record-breaking monthly revenue of nearly $40 million, accounting for 13% of its total annual revenue. Aerodrome's December revenue of approximately $38 million was also a record high, representing 15.6% of its total annual revenue. Aave's December revenue of $13.6 million was another record high, accounting for 16.7% of its total annual revenue. Only Lido's December revenue of $9.6 million did not set a new record, representing 9.3% of its total annual revenue. This data indicates that DeFi protocol revenue is steadily increasing and exhibiting a strong growth trend.
Ace Hot Topic Analysis
Analysis
In December 2024, the top five DeFi protocols (Ethena, Sky, Aerodrome, Aave, and Lido) generated a combined revenue of $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 the year. Sky also saw its highest monthly revenue ever, reaching nearly $40 million, accounting for 13% of its total revenue for 2024. Aerodrome generated approximately $38 million in revenue in December, also a record high, representing 15.6% of its total revenue for 2024. Aave's monthly revenue also reached a record high of $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 revenue for 2024. The growth in revenue for these protocols indicates a thriving DeFi space, with increasing user demand for these protocols, reflecting the ongoing innovation and development of DeFi protocols.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Five DeFi protocols have set new all-time highs for revenue, indicating a booming DeFi market.
Protocols like Ethena, Sky, Aerodrome, and Aave have seen record monthly revenue, reflecting continued user demand.
The growth in DeFi protocol revenue may be linked to the overall recovery of the cryptocurrency market and increased user interest in DeFi applications.
Lido is the only DeFi protocol that did not set a new all-time high for monthly revenue, but its revenue still accounts for nearly 10% of its annual revenue.