#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 revenue for 2024. Sky also saw its highest monthly revenue, reaching nearly $40 million, representing 13% of its total revenue for 2024. Aerodrome's December revenue was approximately $38 million, another record high, accounting for 15.6% of its total revenue for 2024. Aave's December revenue reached $13.6 million, a record high, representing 16.7% of its total revenue for 2024. Lido was the only DeFi protocol that did not achieve a record-high monthly revenue in December, generating $9.6 million, accounting for 9.3% of its total revenue for 2024.
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 2024 revenue. Aerodrome generated approximately $38 million in revenue in December, also a record high, representing 15.6% of its 2024 total revenue. Aave's 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 2024 total revenue. This indicates that DeFi protocol revenue is steadily increasing, 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
all-time
highs
totaling
$158
million
Ethena
Sky
Aerodrome
and
Aave
four
protocols
saw
their
monthly
revenue
hit
all-time
highs
Ethena's
monthly
revenue
accounted
for
nearly
25%
of
its
annual
revenue
DeFi
protocol
revenue
growth
reflects
the
market's
continued
interest
and
adoption
of
DeFi