• About
  • FAQ
  • Earn Bitcoin while Surfing the net
  • Buy & Sell Crypto on Paxful
Newsletter
Approx Foundation
  • Home
    • Home – Layout 1
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
  • Home
    • Home – Layout 1
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
Approx Foundation
No Result
View All Result
Home Regulation

Top 10 DeFi dApps generating an average of $4.8 billion in fees annually

Moussa by Moussa
March 21, 2024
in Regulation
0
Top 10 DeFi dApps generating an average of $4.8 billion in fees annually
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


Total fees generated from the top 10 DeFi dApps tracks via DefiLlama will amount to $4.8 billion annually based on the past 24 hours of activity. Across staking, dexes, lending, and wallets, $13.15 million in fees were generated in the past day.

Related articles

Robinhood launches ETH, SOL staking services for US users with $1 minimum

Robinhood launches ETH, SOL staking services for US users with $1 minimum

July 11, 2025
Chinese industry group warns Web3 and DeFi high-return deals hide classic Ponzi engines

Chinese industry group warns Web3 and DeFi high-return deals hide classic Ponzi engines

July 10, 2025
Name Category 24hr Fees 24hrs Revenue
Lido Liquid Staking $3.38m $337,749
Uniswap Dexes $2.62m $0
PancakeSwap Dexes $2.1m $426,372
Curve Finance CDP $1.54m $659,343
AAVE Lending $1.2m $172,860
Maker CDP $1.08m $545,105
Raydium Dexes $1.01m $124,524
Trader Joe Dexes $623,784 $69,357
MetaMask Wallets $391,846 $391,846
Camelot Dexes $271,722 $63,802

However, the total revenue for the past day comes to just $2.78 million, which is 21% of total fees.

Lido tops the chart for fee generation, while Curve retains the number one slot for revenue, with Maker and Lido just behind. Two of the biggest gaps between fees and revenue can be seen in Aave and Raydium, which generated over $1 million in fees over the past day. Still, revenue was $172,860 and $124,524, respectively.

Notably, while Uniswap is positioned second in fee generation, DefiLlama reports $0 in revenue as Uniswap facilitates the collection of fees. Still, it does not retain these fees as revenue for the protocol. Instead, the fees increase the value of liquidity tokens, functioning as a payout to all liquidity providers proportional to their share of the pool.

There have been discussions and proposals within the Uniswap community regarding implementing a “protocol fee,” which could be turned on by UNI governance. This fee would allow the Uniswap protocol to earn revenue by taking a percentage of the swap fees that would otherwise go to liquidity providers.

The poll was the first step, “temperature check,” which passed at a rate of 55 million to 144, meaning the upgrade has not yet been implemented. Therefore, Uniswap does not record this as revenue.

The DeFi market currently has a combined market cap of $101 billion per CryptoSlate data, with the sector up 5% over the past day. DefiLlama data shows that DeFi’s market cap resurgence has yet to hit its 2021 peaks. However, volumes have risen to equivalent levels, showing a more consistent trend. Over the past month, volumes around $10 billion have been commonplace after starting the year closer to $5 billion.

DeFi volumes and TVL (Source: DefiLama)
DeFi volumes and TVL (Source: DefiLlama)

The post Top 10 DeFi dApps generating an average of $4.8 billion in fees annually appeared first on CryptoSlate.



Source link

Share76Tweet47

Related Posts

Robinhood launches ETH, SOL staking services for US users with $1 minimum

Robinhood launches ETH, SOL staking services for US users with $1 minimum

by Moussa
July 11, 2025
0

Robinhood launched Ethereum (ETH) and Solana (SOL) staking services for U.S. customers on July 10, enabling users to earn staking...

Chinese industry group warns Web3 and DeFi high-return deals hide classic Ponzi engines

Chinese industry group warns Web3 and DeFi high-return deals hide classic Ponzi engines

by Moussa
July 10, 2025
0

The Beijing Internet Finance Industry Association (BIFA) issued a notice on July 9 urging retail investors to reject pitchbooks that...

Ethereum regains $2,700 amid lowest long/short ratio in two years and ETF cash floods

Ethereum regains $2,700 amid lowest long/short ratio in two years and ETF cash floods

by Moussa
July 10, 2025
0

Ethereum (ETH) reclaimed the $2,700 threshold one day after spot exchange-traded funds (ETFs) listed in the US tracking the asset...

Rex-Osprey spot Solana ETF doubles cumulative inflows to $41M on July 8

Rex-Osprey spot Solana ETF doubles cumulative inflows to $41M on July 8

by Moussa
July 9, 2025
0

The first US-listed spot Solana exchange-traded fund (ETF) received $21 million of net inflows on July 8, lifting its running...

Bybit CEO describes how hackers launder stolen Ethereum via Bitcoin mixers

Greece recovers part of funds stolen in Bybit hack as its first crypto asset seizure

by Moussa
July 9, 2025
0

Greek authorities carried out the country’s first-ever crypto seizure after tracing funds linked to the record-breaking $1.4 billion hack of...

Load More

youssufi.com

sephina.com

[vc_row full_width="stretch_row" parallax="content-moving" vc_row_background="" background_repeat="no-repeat" background_position="center center" footer_scheme="dark" css=".vc_custom_1517813231908{padding-top: 60px !important;padding-bottom: 30px !important;background-color: #191818 !important;background-position: center;background-repeat: no-repeat !important;background-size: cover !important;}" footer_widget_title_color="#fcbf46" footer_button_bg="#fcb11e"][vc_column width="1/4"]

We bring you the latest in Crypto News

[/vc_column][vc_column width="1/4"][vc_wp_categories]
[/vc_column][vc_column width="1/4"][vc_wp_tagcloud taxonomy="post_tag"][/vc_column][vc_column width="1/4"]

Newsletter

[vc_raw_html]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[/vc_raw_html][/vc_column][/vc_row]
No Result
View All Result
  • Contact Us
  • Homepages
  • Business
  • Guide

© 2024 APPROX FOUNDATION - The Crypto Currency News