• 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

Ethereum ETFs register quickest $1B intake to surpass $7B in total inflows

Ethereum ETFs register quickest $1B intake to surpass $7B in total inflows

July 18, 2025
Ethereum open interest tops $24.5 B as traders chase rally

Ethereum attracts record ETF inflows and 39% fee drop in Q2, supporting stronger outlook for Q3

July 18, 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

Ethereum ETFs register quickest $1B intake to surpass $7B in total inflows

Ethereum ETFs register quickest $1B intake to surpass $7B in total inflows

by Moussa
July 18, 2025
0

Ethereum (ETH) spot exchange-traded funds (ETFs) registered the fastest “$1 billion leap” in net inflows in their history, jumping from...

Ethereum open interest tops $24.5 B as traders chase rally

Ethereum attracts record ETF inflows and 39% fee drop in Q2, supporting stronger outlook for Q3

by Moussa
July 18, 2025
0

Ethereum (ETH) registered significant improvements in the second quarter, including increased inflows of exchange-traded funds (ETFs), layer-2 activity, and liquidity,...

Charles Schwab CEO says Bitcoin, Ethereum trading coming soon

Charles Schwab CEO says Bitcoin, Ethereum trading coming soon

by Moussa
July 18, 2025
0

Charles Schwab CEO Rick Wurster confirmed the brokerage plans to add Bitcoin (BTC) and Ethereum (ETH) trading for its customers...

XRP hits new ATH of $3.55 after 7 years amid altcoin surge

XRP hits new ATH of $3.55 after 7 years amid altcoin surge

by Moussa
July 17, 2025
0

Ripple’s XRP surged to a new all-time high of $3.55 on July 17, climbing more than 36% over the past...

Bit Origin lines up $500M to build Dogecoin treasury as corporate altcoin bets expand

Bit Origin lines up $500M to build Dogecoin treasury as corporate altcoin bets expand

by Moussa
July 17, 2025
0

Bit Origin has arranged up to $500 million in new capital to accumulate Dogecoin (DOGE) for its corporate treasury, becoming...

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