#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 followed closely behind, generating close to $40 million in revenue, a new all-time high, accounting for 13% of its total annual revenue. Aerodrome also surpassed its previous record, generating over $38 million in revenue, representing 15.6% of its total annual revenue. Aave also set a new monthly revenue record, generating $13.6 million, accounting for 16.7% of its total annual revenue. Only Lido did not set a new monthly revenue record, but its $9.6 million in revenue still represented 9.3% of its total annual revenue. These figures indicate that DeFi protocol revenue is continuing to grow and is poised to continue its strong growth trajectory in the future.
Ace Hot Topic Analysis
Analysis
In December 2024, five major DeFi protocols (Ethena, Sky, Aerodrome, Aave, and Lido) generated a combined revenue of $158 million, 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 December, another all-time high, representing 15.6% of its total annual revenue. Aave also set a new monthly revenue record at $13.6 million, accounting for 16.7% of its total annual revenue. Only Lido's monthly revenue did not reach a new high, at $9.6 million, representing 9.3% of its total annual revenue. This indicates a significant surge in DeFi protocol revenue in December 2024, with Ethena, Sky, and Aerodrome experiencing particularly notable growth. This could be attributed to increased market interest in DeFi protocols and improvements in protocol functionality.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Five
DeFi
protocols
revenue
hit
new
highs
totaling
1.58
billion
dollars
Ethena
Sky
Aerodrome
and
Aave
four
protocols
set
new
monthly
revenue
records
Ethena
revenue
accounted
for
the
highest
proportion
reaching
nearly
25
of
its
total
revenue
last
year
DeFi
protocol
revenue
growth
reflects
the
market's
continued
attention
and
application
of
decentralized
finance