Top dApps by Key Metrics: Aerodrome, Ethena, and Sky Dominate Market

The DeFi sector continues to progress, with the prominent dApps making new developments. As per the data from Phoenix Group, Aerodrome, Ethena, and Sky have emerged as the top players in terms of key metrics. The on-chain analytics firm 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 & Analytics (@pnxgrp) January 20, 2025

Aerodrome Leads dApps with Stunning $33.36M in Revenue

In Phoenix Group’s list of prominent dApps in line with the popular metrics, Aerodrome secures the 1st place. The centralized application has a staggering revenue of $33.36M while its total fees account for $33.83M. In addition to this, its TVL is $1.25B whereas market capitalization is standing at $854.95M. The 2nd dApp in the list is Ethena with its revenue reaching $30.60M. Apart from that, its fees, TVL, and market cap have touched $30.60M, $5.88B, and $2.60B.

Subsequently, Sky stands in the 3rd position as it has a revenue of up to $30.30M along with $30.30M in fees. Additionally, its TVL and market capitalization account for $4.72B and $1.24B. On the 4th rank, Aave has obtained $13.29M in revenue and the cumulative fees thereof account for $76.38M. Simultaneously, its market capitalization and TVL stand at $4.69B and $20.56B respectively.

Uniswap comes after it with its revenue and fees accounting for $9.10M. Moreover, its market capitalization is $8.00B while TVL has secured $7.24B. Along with that, Lido Finance occupies the 6th rank with its revenue making a total figure of nearly $8.42M while $84.24M out of that accounts for fees. Moreover, the dApp’s TVL and market capitalization have gained $30.73 billion and $1.46 billion respectively. Successively, Jito’s cumulative revenue is $8.42M whereas $168.40M of this figure comes from fees. Additionally, its market cap and TVL reportedly account for $844.67M and $3.69B.

Usual Bottoms List with $3.95M in Cumulative Revenue

According to Phoenix Group’s list, PancakeSwap DApp’s revenue is almost $8.05M out of which $24.74M is associated with fees. Nevertheless, its TVL shows a $1.80B in total while the market capitalization stands at $642.07M. The last dApp in the list is Usual with $3.95M in revenue which is wholly coming from fees. Furthermore, the TVL and market capitalization of the dApp account for $1.28B and $210.01M.

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