DeFi revenue generally halved in March, with only MakerDAO achieving growth

Odaily Planet Daily News: Most mainstream DeFi protocols on Solana, Ethereum, and BNB Chain saw a month on month decline of over 50% in revenue in March, reflecting an overall slowdown in on chain activity and trading volume. The total revenue of Solana protocol is about 42 million US dollars, a decrease of 55% compared to the previous period; The PancakeSwap revenue on the BNB chain was $21 million, a decrease of 54%; The total revenue from protocols such as Ethena, Lido, and Aave on the Ethereum chain was $24.5 million, a decrease of over 52%. The only company that grew against the trend was MakerDAO (now known as Sky), with revenue reaching $10 million in March, an increase of 11% compared to the previous month. DeFi tokens have also shown weak performance, with GMCI's GMDEFI index falling 40% this year. （The Block）