According to a report by data source Token Terminal, the Ethereum (ETH) network and staking provider Lido Finance (LDO) are two of the greatest revenue producers in the decentralised finance (DeFi) industry.
In the list, Ethereum took the first position with $370.6 million in 30-day income as of Monday, while Lido Finance placed third with $6.1 million.
Tron (TRX), the blockchain platform run by Justin Sun, took second with $84.8 million in 30-day sales.
The most exciting aspect, however, is not the revenue amount per se but rather the fact that Lido Finance and Ethereum have considerably increased 30-day revenue over the previous month.
With gains of 81.9% and 23.8%, respectively, Ethereum and Lido Finance currently have the best 30-day trend growth in revenue creation among all the well-known DeFi ventures.
With a staggering $1 billion in revenue collected over the longer-term 180-day period, Ethereum’s dominance is even more apparent.
With $25.1 million in income throughout the 180 days, Lido Finance placed sixth, barely ahead of initiatives like the decentralised exchange GMX and the NFT marketplace OpenSea.
The total value locked (TVL) on the Ethereum network was $27.9 billion as of the time of writing on Monday, with Lido Finance accounting for about half of it.
DefiLlama statistics showed that Lido Finance had a TVL of $13.1 billion. With $25.1 million in income for the 180 days, Lido Finance placed sixth, barely ahead of initiatives like the decentralised exchange GMX and the NFT marketplace OpenSea.
The total value locked (TVL) on the Ethereum network was $27.9 billion as of the time of writing on Monday, with Lido Finance accounting for about half of it.
DefiLlama statistics showed that Lido Finance had a TVL of $13.1 billion.
At the time of publication on Monday, ETH had increased by around 3.2% over the previous day and was trading close to the $1,900 mark.
CoinGecko data suggests the price increased by 5% in the last week but stayed the same over 30 days.
