#Five DeFi protocols see record-high revenue#
Hot Topic Overview
Overview
In December 2024, the total revenue of five major DeFi protocols (Ethena, Sky, Aerodrome, Aave, and Lido) reached $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 saw its highest monthly revenue ever, reaching nearly $40 million, accounting for 13% of its total annual revenue. Aerodrome's December revenue was approximately $38 million, also a record high, representing 15.6% of its total annual revenue. Aave's monthly revenue also reached a record high of $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 continuing to grow, attracting more and more user participation.
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 2024. Sky also achieved a record-breaking monthly revenue of nearly $40 million, accounting for 13% of its total revenue for 2024. Aerodrome generated approximately $38 million in revenue in December, another record high, representing 15.6% of its total revenue for 2024. Aave also set a new monthly revenue record with $13.6 million, accounting for 16.7% of its total revenue for 2024. Lido was the only protocol that did not set a new monthly revenue record, generating $9.6 million in December, representing 9.3% of its total revenue for 2024. This indicates that DeFi protocol revenue is steadily increasing, and more and more users are utilizing these protocols for financial activities.
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
percent
of
its
total
annual
revenue
DeFi
protocol
revenue
growth
reflects
the
market's
continued
interest
in
decentralized
finance