TOP 10 PROTOCOLS BY MONTHLY REVENUE VOLUME

According to @DefiLlama, Tether remains the top protocol by monthly revenue at $478.6M, followed by @circle at $190.6M. New names have broken into the top 10: launchpad $PUMP jumped to third place with $53.15M, while chain #CantonNetwork $CC took fourth with $49.05M.

$HYPE sits in fifth at $48.8M. Rounding out the list are @trondao ($26.5M), Telegram bot - @gmgnai ($23.7M), trading app - @AxiomExchange ($22.4M), @Polymarket ($15.9M), and @Grayscale ($15.1M) - the ranking highlights the growing diversification of revenue sources across stablecoins, derivatives, launchpads, bots, and RWAs.

#DeFi #Crypto #RWA
- by Cryptogics