BTC $77,292.28 +0.04%
ETH $2,501.82 -0.80%
BNB $721.07 -1.01%
XRP $1.36 -0.25%
SOL $100.72 -1.08%
TRX $0.3383 -0.59%
DOGE $0.0835 -1.42%
ADA $0.2071 -0.33%
BCH $223.43 -1.08%
LINK $11.35 -1.28%
HYPE $78.93 -0.43%
AAVE $126.16 -0.45%
SUI $0.7125 -2.02%
XLM $0.1797 -0.14%
ZEC $1,087.55 -3.70%
AAPL $329.99 -0.90%
AMZN $255.01 -0.76%
GOOGL $336.50 -1.45%
MSFT $493.88 -0.34%
META $640.96 -1.19%
NVDA $215.23 -1.23%
TSLA $361.62 -1.58%
SNDK $1,570.00 -3.47%
INTC $99.21 -2.25%
SPCX $148.81 -0.98%
MU $942.84 -2.55%
AMD $502.52 -2.33%
BTC $77,292.28 +0.04%
ETH $2,501.82 -0.80%
BNB $721.07 -1.01%
XRP $1.36 -0.25%
SOL $100.72 -1.08%
TRX $0.3383 -0.59%
DOGE $0.0835 -1.42%
ADA $0.2071 -0.33%
BCH $223.43 -1.08%
LINK $11.35 -1.28%
HYPE $78.93 -0.43%
AAVE $126.16 -0.45%
SUI $0.7125 -2.02%
XLM $0.1797 -0.14%
ZEC $1,087.55 -3.70%
AAPL $329.99 -0.90%
AMZN $255.01 -0.76%
GOOGL $336.50 -1.45%
MSFT $493.88 -0.34%
META $640.96 -1.19%
NVDA $215.23 -1.23%
TSLA $361.62 -1.58%
SNDK $1,570.00 -3.47%
INTC $99.21 -2.25%
SPCX $148.81 -0.98%
MU $942.84 -2.55%
AMD $502.52 -2.33%

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.