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DeFi revenue generally halved in March, only MakerDAO achieved growth
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2025-04-06 09:02 1,464
Golden Finance reported that most mainstream DeFi protocols on Solana, Ethereum and BNB Chain saw revenue drop by more than 50% month-on-month, reflecting the overall slowdown in on-chain activity and transaction volume. The total revenue of the Solana agreement was approximately US$42 million, a month-on-month decrease of 55%; the revenue of PancakeSwap on the BNB chain was US$21 million, a 54% decrease; the total revenue of the protocols such as Ethena, Lido, and Aave on the Ethereum chain was US$24.5 million, a decrease of more than 52%. The only thing that grew against the trend was MakerDAO (now Sky), which earned $10 million in March, up 11% month-on-month. DeFi tokens are also weak, with GMCI's GMDEFI index down 40% this year.
Keywords: Bitcoin
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