Scan to download
BTC $60,826.20 -2.84%
ETH $1,568.16 -9.36%
BNB $573.85 -3.50%
XRP $1.08 -4.71%
SOL $63.10 -6.46%
TRX $0.3199 -2.10%
DOGE $0.0809 -6.28%
ADA $0.1549 -5.57%
BCH $211.84 -12.18%
LINK $7.32 -6.58%
HYPE $59.11 -6.47%
AAVE $60.12 -13.20%
SUI $0.6985 -5.11%
XLM $0.1948 -0.60%
ZEC $367.39 -11.18%
BTC $60,826.20 -2.84%
ETH $1,568.16 -9.36%
BNB $573.85 -3.50%
XRP $1.08 -4.71%
SOL $63.10 -6.46%
TRX $0.3199 -2.10%
DOGE $0.0809 -6.28%
ADA $0.1549 -5.57%
BCH $211.84 -12.18%
LINK $7.32 -6.58%
HYPE $59.11 -6.47%
AAVE $60.12 -13.20%
SUI $0.6985 -5.11%
XLM $0.1948 -0.60%
ZEC $367.39 -11.18%

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.

app_icon
ChainCatcher Building the Web3 world with innovations.