BTC $64,765.25 +0.99%
ETH $1,922.50 +1.15%
BNB $585.55 +3.02%
XRP $1.08 +0.64%
SOL $74.25 +1.14%
TRX $0.3284 +0.57%
DOGE $0.0700 -0.44%
ADA $0.1656 +1.37%
BCH $211.53 +0.28%
LINK $8.44 +1.40%
HYPE $52.98 -3.56%
AAVE $99.01 +1.05%
SUI $0.6913 +0.70%
XLM $0.1722 -0.96%
ZEC $475.12 +3.25%
BTC $64,765.25 +0.99%
ETH $1,922.50 +1.15%
BNB $585.55 +3.02%
XRP $1.08 +0.64%
SOL $74.25 +1.14%
TRX $0.3284 +0.57%
DOGE $0.0700 -0.44%
ADA $0.1656 +1.37%
BCH $211.53 +0.28%
LINK $8.44 +1.40%
HYPE $52.98 -3.56%
AAVE $99.01 +1.05%
SUI $0.6913 +0.70%
XLM $0.1722 -0.96%
ZEC $475.12 +3.25%

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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