This is the first issue of cryptocurrency project profit data analysis (10.13 - 10.20)

Reminder before reading: Project profitability is a very critical data, but it is not the only indicator, not the only indicator, not the only indicator!!!

There is a tutorial at the end of the article about Happy’s understanding of it and how to find project profit data!

➤ Data Overview:

Last week, the total protocol revenue was 362,758,883U, with Services and Chain accounting for more than 60%. Dexes ranked third with 11.81%, and Liquid Staking followed closely with 10.10%. It is worth noting that Telegram Bot accounted for 5.43%, nearly double Lending's 2.62%.

➤ Protocol Data:

Among them, Tether $USDT accounts for 25.30%, which is four times that of Circle $USDC 7.81%, ranking first and third respectively. Ethereum accounts for 10.76% in Chain, ranking second, Solana 4.34%, Bitcoin 4.00%, and Tron 3.03% ranked 7th, 8th, and 9th respectively.

Solana is still strong. Three of the top ten protocols are Solana ecosystem projects, namely Jito, Raydium and Solana. Jito accounts for 5.31% of Liquid Staking, ranking first in this category, nearly 1% more than Lido. Raydium is the first in Dex, accounting for 4.41%, 1.38% more than Uniswap. Solana ranks third in Chain, second only to Ethereum and Bitcoin.

➤ Category Analysis:

In the Dex category, which ranks third in the category, the only familiar ones in the top 40 are Raydium, Uniswap, PancakeSwap and Cetus. The difference between Uniswap and PancakeSwap is only 20%, but the difference between the two in market value is not just this. Cetus is familiar because it is the recently popular Sui ecosystem. By the way, Binance has closed the withdrawal of $Sui for several days! Aerodrome, LFJ and Thorchain are not seen much. The main reason is that many of the ones I have heard of are not in the top 40. What a pity!

Liquid Staking, which ranks fourth in the category, is occupied by Ethereum's Lido and Solana's Jito, which have 9.31% each, with a total of only 9.72%. 🤣

Let’s take a look at Telegram Bot, which ranks fifth in the category. The well-known Banana Gun 0.32% ranks 29th overall, followed by Photon 2.15%, BONKbot 1.20%, Trojan 1.03% and Maestro 0.43%. Among them, only Maestro does not belong to Solana. Does Solana look even scarier in this way?

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