BTC $62,774.55 -1.07%
ETH $1,875.70 -0.26%
BNB $604.51 -0.67%
XRP $1.00 -0.20%
SOL $75.47 -0.30%
TRX $0.3332 -0.12%
DOGE $0.0694 -0.94%
ADA $0.1800 -1.69%
BCH $205.19 -3.71%
LINK $8.83 +1.61%
HYPE $56.07 -1.74%
AAVE $86.03 -2.59%
SUI $0.6744 -1.61%
XLM $0.1587 -0.48%
ZEC $484.69 -1.04%
BTC $62,774.55 -1.07%
ETH $1,875.70 -0.26%
BNB $604.51 -0.67%
XRP $1.00 -0.20%
SOL $75.47 -0.30%
TRX $0.3332 -0.12%
DOGE $0.0694 -0.94%
ADA $0.1800 -1.69%
BCH $205.19 -3.71%
LINK $8.83 +1.61%
HYPE $56.07 -1.74%
AAVE $86.03 -2.59%
SUI $0.6744 -1.61%
XLM $0.1587 -0.48%
ZEC $484.69 -1.04%

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

2025-04-06 08:11:22

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.

app_icon
ChainCatcher Building the Web3 world with innovations.