BTC $63,074.10 +0.40%
ETH $1,882.61 +0.25%
BNB $609.99 +0.60%
XRP $1.00 +0.58%
SOL $75.58 +0.60%
TRX $0.3312 -0.33%
DOGE $0.0699 +0.37%
ADA $0.1776 -0.71%
BCH $203.73 +0.01%
LINK $9.55 +6.97%
HYPE $57.03 +2.37%
AAVE $86.56 +1.12%
SUI $0.6802 +0.46%
XLM $0.1584 +0.01%
ZEC $488.98 -0.26%
BTC $63,074.10 +0.40%
ETH $1,882.61 +0.25%
BNB $609.99 +0.60%
XRP $1.00 +0.58%
SOL $75.58 +0.60%
TRX $0.3312 -0.33%
DOGE $0.0699 +0.37%
ADA $0.1776 -0.71%
BCH $203.73 +0.01%
LINK $9.55 +6.97%
HYPE $57.03 +2.37%
AAVE $86.56 +1.12%
SUI $0.6802 +0.46%
XLM $0.1584 +0.01%
ZEC $488.98 -0.26%

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.