BTC $62,860.47 -2.55%
ETH $1,829.66 -4.50%
BNB $567.92 -2.38%
XRP $1.08 -2.58%
SOL $74.45 -3.31%
TRX $0.3222 -0.66%
DOGE $0.0716 -3.10%
ADA $0.1588 -3.01%
BCH $222.49 -0.34%
LINK $8.18 -4.23%
HYPE $58.86 -11.60%
AAVE $90.40 -4.87%
SUI $0.7328 -2.59%
XLM $0.1827 -3.20%
ZEC $530.27 -6.70%
BTC $62,860.47 -2.55%
ETH $1,829.66 -4.50%
BNB $567.92 -2.38%
XRP $1.08 -2.58%
SOL $74.45 -3.31%
TRX $0.3222 -0.66%
DOGE $0.0716 -3.10%
ADA $0.1588 -3.01%
BCH $222.49 -0.34%
LINK $8.18 -4.23%
HYPE $58.86 -11.60%
AAVE $90.40 -4.87%
SUI $0.7328 -2.59%
XLM $0.1827 -3.20%
ZEC $530.27 -6.70%

In March, DeFi revenues generally halved, with only MakerDAO achieving growth

2025-04-06 08:11:22
Collection

ChainCatcher news, according to The block, the revenue of most mainstream DeFi protocols on Solana, Ethereum, and BNB Chain fell by more than 50% month-on-month in March, reflecting an overall slowdown in on-chain activity and trading volume. The total revenue of Solana protocols was approximately $42 million, a decrease of 55%; PancakeSwap on BNB Chain generated $21 million, down 54%; the total revenue of protocols on Ethereum such as Ethena, Lido, and Aave was $24.5 million, a decline of over 52%. The only protocol that saw growth was MakerDAO (now known as Sky), with a revenue of $10 million in March, an increase of 11% month-on-month. DeFi token performance was similarly weak, with GMCI's GMDEFI index down 40% year-to-date.

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