#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, demonstrating strong market vitality.
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 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 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 set a new record, reaching $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 major DeFi protocols recorded record-high revenue in December, totaling $158 million.
Among them, four protocols, Ethena, Sky, Aerodrome, and Aave, all saw their monthly revenue reach record highs.
Ethena's December revenue accounted for nearly 25% of its total annual revenue, while Sky's December revenue accounted for 13% of its total annual revenue.
The growth in DeFi protocol revenue may be related to the overall recovery of the crypto market and increased user interest in DeFi applications.