According to ChainCatcher, DefilLama revealed on the X platform that the total revenue of DeFi and on-chain protocols exceeded $1.5 billion in the past 30 days. This figure has attracted widespread attention in the market, especially in the context of the current volatility of the digital currency market.

In-depth analysis of the flow of these revenues shows that more than 80% of the revenues are divided by stablecoin issuers, chains, decentralized exchanges, Telegram Bots and Launchpads. Among them, stablecoin issuers are the leader, accounting for 43.7% of the revenue share. This data shows that the importance and influence of stablecoins in the current market cannot be underestimated.

Behind this trend, it reflects the market's continued demand for stability and liquidity, as well as the continuous development of the decentralized financial ecosystem.