Maker generates $14m in revenue, Ethereum’s earnings surge
Maker Protocol tops the list in terms of revenue generated over the past month as Total Value Locked in the protocol witnesses swell. According to data provided by Defi Llama, Maker Protocol generated $14.22 million in revenue — also collected the same amount in fees — in the past 30 days. However, The DAI stablecoin generator’s TVL witnessed a 6.3% decline in the same timeframe, falling to $7.98 billion. Defi protocols’ revenue – Jan. 30 | Source: Defi Llama The leading defi protocol, Lido Finance, with a $21.8 billion TVL, accumulated $71.11 million in fees, per the data aggregator. The liquid staking protocol generated $7.11 million in revenue , 50% less than the Maker Protocol. Moreover, the decentralized wallet platform, MetaMask, comes third with $6.37 million generated in revenue and fees over the past month. Interestingly, the amount of MetaMask’s monthly average fees over the past year is $60.31 million, showing an 89.5% plunge in January. ...