Decentralized Finance protocol monthly revenue exceeds 150 million USD, with three giants accounting for 80% of the share.

According to the latest research, emerging Decentralized Finance (DeFi) protocols can quickly generate returns after their launch. Although most of the income still flows to the protocol providers, the proportion of income received by providers is gradually dropping due to the introduction of innovative mechanisms such as Liquidity Mining.

In February 2021, the monthly revenue of DeFi protocols had surpassed $150 million, a significant increase compared to just $500,000 in May of last year. This astonishing growth rate highlights the booming development trend in the DeFi sector.

Among the many DeFi protocols, a certain DEX, another DEX, and a certain lending platform have stood out, with their combined revenue accounting for about 80% of the entire DeFi industry's revenue over the past two months. The excellent performance of these three giants not only demonstrates their dominant position in the market but also reflects the high trust and active usage of these platforms by users.

It is worth noting that a certain DEX v2 achieved a revenue milestone of $1 billion just 9 months after its launch. At the same time, its forked project has also shown strong growth momentum, with an expected additional revenue of $500 million, of which approximately $83 million will be allocated to stakers. This phenomenon not only reflects the rapid development potential of DeFi projects but also highlights the importance of community participation for the success of the project.

Overall, the DeFi industry is growing at an astonishing pace, not only providing substantial returns to participants but also promoting the integration of blockchain technology and financial innovation. With the emergence of more innovative projects and the expansion of the user base, the development prospects of the DeFi sector are promising.