#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 and exhibiting strong growth momentum.
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's revenue on Base also reached a new high of approximately $38 million, representing 15.6% of its total revenue for 2024. Aave's monthly revenue also set a new record at $13.6 million, accounting for 16.7% of its total revenue for 2024. Only Lido's monthly revenue did not set a new record, reaching $9.6 million, representing 9.3% of its total revenue for 2024. The growth in revenue for these protocols indicates a thriving DeFi landscape, with increasing user interest in DeFi services. It also reflects the ongoing innovation and optimization of DeFi protocols, providing users with more diverse services and higher returns.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Five major DeFi protocols saw record-high revenue in December, totaling $158 million.
Among them, four protocols, Ethena, Sky, Aerodrome, and Aave, all saw record-high monthly revenue.
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 indicates that the DeFi market is continuing to grow, and user interest in DeFi applications is increasing.