#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 annual revenue. Sky also saw its highest monthly revenue, reaching nearly $40 million, representing 13% of its total annual revenue. Aerodrome's December revenue was approximately $38 million, also a record high, accounting for 15.6% of its total annual revenue. Aave's monthly revenue also reached a record high of $13.6 million, representing 16.7% of its total annual revenue. Lido was the only DeFi protocol that did not achieve a record-high monthly revenue in December, generating $9.6 million, accounting for 9.3% of its total annual revenue. This data indicates that DeFi protocol revenue is steadily increasing and is poised to continue its strong growth trajectory in the future.
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 2024 revenue. Sky also achieved a record-breaking monthly revenue of nearly $40 million, accounting for 13% of its total 2024 revenue. Aerodrome generated approximately $38 million in revenue in December, another record high, representing 15.6% of its total 2024 revenue. Aave also set a new monthly revenue record with $13.6 million, accounting for 16.7% of its total 2024 revenue. Only Lido's monthly revenue did not set a new record, reaching $9.6 million, representing 9.3% of its total 2024 revenue. These figures indicate that DeFi protocol revenue is steadily increasing and exhibiting strong growth momentum.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Five
DeFi
protocols
December
revenue
hit
all-time
highs
totaling
$158
million
Ethena
Sky
Aerodrome
and
Aave
four
protocols
monthly
revenue
hit
all-time
highs
Ethena
December
revenue
accounted
for
nearly
25%
of
its
total
annual
revenue
DeFi
protocol
revenue
growth
may
be
related
to
market
recovery
and
increased
user
activity