#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 monthly revenue reached a record $13.6 million, accounting for 16.7% of its total annual revenue. Only Lido's monthly revenue, at $9.6 million, did not set a new record, representing 9.3% of its total annual revenue. This indicates that DeFi protocol revenue is steadily increasing and is poised to continue its strong momentum in the future.
Ace Hot Topic Analysis
Analysis
In December 2024, five major 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 2024. Sky also set a new monthly revenue record, reaching nearly $40 million, accounting for 13% of its total revenue for 2024. Aerodrome's revenue on Base also hit an all-time high, reaching approximately $38 million, representing 15.6% of its total revenue for 2024. Aave's monthly 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. This indicates that DeFi protocol revenue is continuing to grow, attracting more users and capital.
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
monthly
revenue
all
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
attention
and
use
of
DeFi
applications