BTC $62,918.02 +0.25%
ETH $1,877.12 +0.13%
BNB $610.84 +0.99%
XRP $1.00 +0.12%
SOL $75.19 -0.29%
TRX $0.3308 -0.64%
DOGE $0.0699 +0.81%
ADA $0.1782 -0.76%
BCH $204.23 +0.28%
LINK $9.42 +6.37%
HYPE $55.98 -0.24%
AAVE $86.38 +1.02%
SUI $0.6815 +0.85%
XLM $0.1578 -0.86%
ZEC $489.84 +0.99%
BTC $62,918.02 +0.25%
ETH $1,877.12 +0.13%
BNB $610.84 +0.99%
XRP $1.00 +0.12%
SOL $75.19 -0.29%
TRX $0.3308 -0.64%
DOGE $0.0699 +0.81%
ADA $0.1782 -0.76%
BCH $204.23 +0.28%
LINK $9.42 +6.37%
HYPE $55.98 -0.24%
AAVE $86.38 +1.02%
SUI $0.6815 +0.85%
XLM $0.1578 -0.86%
ZEC $489.84 +0.99%

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.

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