The DeFi sector continues to make progress, with prominent dApps seeing new developments. According to Phoenix Group data, Aerodrome, Ethena and Sky have emerged as the top players in terms of key metrics. The on-chain analytics company provided the list of prominent dApps on its official social media account.
KEY METRICS ON POPULAR #DAPPS
#Aerodrome $AERO #Ethena $ENA #Sky $SKY #Aave $AAVE #Uniswap $UNI #LidoFinance $LDO #Jito $JTO #PancakeSwap $CAKE #Usual $USUAL pic.twitter.com/LCXqYyJs1v– PHOENIX – Crypto News & Analysis (@pnxgrp) January 20, 2025
Aerodrome leads dApps with a staggering $33.36 million in revenue
In Phoenix Group’s list of prominent dApps, in line with the popular statistics, Aerodrome secures the 1st place. The centralized application has a staggering revenue of $33.36 million, while the total costs are $33.83 million. Moreover, the TVL is $1.25 billion, while the market cap is $854.95 million. The 2i.e dApp in the list is Ethena with a revenue of $30.60 million. Apart from that, fees, TVL and market cap have reached $30.60 million, $5.88 billion and $2.60 billion.
Then Sky is in the 3rd position because it has revenues of up to $30.30 million, along with $30.30 million in fees. Moreover, the TVL and market cap account for $4.72 billion and $1.24 billion. On the 4e rank, Aave has earned $13.29 million in revenue and its cumulative compensation amounts to $76.38 million. At the same time, its market cap and TVL are $4.69 billion and $20.56 billion, respectively.
Uniswap comes in behind with $9.10 million in revenue and fees. Furthermore, its market cap stands at $8.00 billion, while TVL has secured $7.24 billion. In addition, Lido Finance occupies the 6e Revenue is almost $8.42 million, while $84.24 million of that is accounted for by fees. Additionally, the dApp’s TVL and market cap increased by $30.73 billion and $1.46 billion, respectively. Sequentially, Jito’s cumulative revenues are $8.42 million, with $168.40 million of this coming from fees. Moreover, the market cap and TVL are reportedly worth $844.67 million and $3.69 billion respectively.
Usual bottom chart with $3.95 million in cumulative revenue
According to Phoenix Group’s listing, PancakeSwap DApp’s revenue is nearly $8.05 million, of which $24.74 million is in fees. Nevertheless, the TVL shows a total of $1.80 billion, while the market cap is $642.07 million. The last dApp on the list is Usual with $3.95 million in revenue, which comes entirely from fees. Moreover, the dApp’s TVL and market cap are worth $1.28 billion and $210.01 million, respectively.
