#DeFi Revenue Returns to High Levels#
Hot Topic Overview
Overview
DeFi revenue returned to 2021 highs in 2023, driven largely by new entrants. Aave and MakerDAO performed strongly, with MakerDAO hitting an all-time high in December. The rapid rise of Ethena also contributed to the growth in DeFi revenue. The rebound in DeFi revenue suggests the industry is experiencing a resurgence and attracting more new users and capital.
Ace Hot Topic Analysis
Analysis
DeFi revenue returned to 2021 highs in 2023, driven primarily by new entrants. Aave and MakerDAO were standout performers in DeFi revenue growth, with MakerDAO hitting an all-time high in December. The rapid rise of Ethena also contributed to the growth in DeFi revenue. This indicates that the DeFi space is experiencing a resurgence, with new entrants and innovative projects bringing fresh vitality to DeFi development.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
DeFi
income
returned
to
2021
high
in
2023
Aave
and
MakerDAO
performed
well
in
DeFi
income
growth
new
entrants
drove
DeFi
income
growth
DeFi
is
experiencing
a
comeback
year