CandleFocus

Lido Finance Dominates TVL at $22.45B and $64.15M in Fees

The decentralized application (DApp) ecosystem is experiencing significant growth across various metrics, including market capitalization, total value locked (TVL), fees, and monthly revenue. Among the top DApps, Sky (SKY) stands out as the leader, with a monthly revenue of $16.37 million, reflecting its market capitalization of $1.42 billion and TVL of $3.84 billion. Aerodrome (AERO) also performs well, generating impressive revenue of $13.54 million and having a TVL of $730.96 million. Ethena (ENA) shows promise with a high revenue of $50.16 million and a TVL of $2.61 billion. Lido Finance (LDO) maintains its dominance with a TVL of $22.45 billion and revenue of $6.41 million. Uniswap (UNI) and Aave (AAVE) continue to hold their ground with significant market capitalizations, TVL, and revenue. Other notable DApps include PancakeSwap (CAKE), Curve (CRV), and GMX (GMX). Overall, the DApp ecosystem is thriving, showcasing the growth and potential of decentralized finance (DeFi).

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