#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 recorded its highest monthly revenue, reaching nearly $40 million, representing 13% of its total revenue for 2024. Aerodrome's December revenue was approximately $38 million, also a record high, accounting for 15.6% of its total revenue for 2024. Aave's December revenue was $13.6 million, another record high, representing 16.7% of its total revenue for 2024. Lido was the only DeFi application that did not achieve a record-high monthly revenue, generating $9.6 million in December, accounting for 9.3% of its total revenue for 2024. This data indicates that DeFi protocol revenue is steadily increasing, demonstrating strong market vitality.
Ace Hot Topic Analysis
Analysis
In December 2024, five major DeFi protocols (Ethena, Sky, Aerodrome, Aave, and Lido) collectively generated $158 million in revenue, with four of them 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 generated approximately $38 million in revenue in December, another record high, representing 15.6% of its total annual revenue. Aave also set a new monthly revenue record with $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. The growth in revenue for these protocols indicates the thriving DeFi space, the increasing demand for these protocols by users, and the continuous innovation and development of DeFi protocols to provide users with a wider range of services and products.
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
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