Decentralized Finance monthly revenue exceeds $150 million, with three major protocols occupying 80% of the market share.

According to the latest research data, emerging Decentralized Finance (DeFi) protocols can generate profits quickly after launch. Although most of the protocol's income still flows to the protocol providers, the proportion of income flowing to providers is gradually decreasing due to the introduction of innovative mechanisms such as Liquidity Mining.

Data shows that in February 2023, DeFi monthly revenue has exceeded $150 million, a significant increase compared to $500,000 in May last year, with an astonishing growth rate.

Among many DeFi protocols, a certain DEX, a certain trading platform, and a certain lending platform stand out, with the revenue of these three major protocols accounting for about 80% of the entire DeFi industry's revenue in the past two months.

It is worth noting that a certain DEX achieved a revenue milestone of 1 billion USD in the 9th month after its launch. Another DEX project derived from it is also expected to achieve 500 million USD in revenue in the future, of which approximately 83 million USD will be directly allocated to staking users.

These data fully reflect the vigorous development momentum of the DeFi industry and highlight the profound impact of innovative mechanisms on the income distribution model of protocols. With the emergence of more innovative projects, the DeFi ecosystem is expected to welcome a more diversified and sustainable development outlook.