Express

DeFi Protocols Have Saw Record $171.5 Million Revenue In February

Mary Liu

Summary: According to the data compiled by The Block, as of February 24th, the DeFi protocols have earned a revenue of $171.5 million in a single month, an increase of 14.4% from the $149.9 million in January, setting a new monthly high.  Among the dazzling protocols, Uniswap accounted for 43.6% of total revenue, ranking first. SushiSwap ...

According to the data compiled by The Block, as of February 24th, the DeFi protocols have earned a revenue of $171.5 million in a single month, an increase of 14.4% from the $149.9 million in January, setting a new monthly high. 

Among the dazzling protocols, Uniswap accounted for 43.6% of total revenue, ranking first. SushiSwap and Compound accounted for 20.9% and 15.9%, respectively. All DeFi protocols except Balancer set a record for the highest monthly revenue.

By Mary Liu

Last Update:

Tags: ,,,
Link: DeFi Protocols Have Saw Record $171.5 Million Revenue In February   [Copy]
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 7 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 11 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 14 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 18 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 20 days ago
  • You need to login to comment.