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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

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