$ENS is in the news at the latest 30-day data for the highest-grossing blockchain dApps reveals that $ENS has taken the lead and collected an astounding $50.1 million. According to data obtained from Token Terminal, $ENS recorded a substantial revenue increase of +4,789 percent, a sign that users are finding more ways to use ENS.
Top Blockchain dApps by Total Revenue (30d)In this post, we analyze the data from @TokenTerminal and rank the top blockchain dApps by total revenue in the last 30 days, to understand which dApps are generating the most income and why.$ENS $ENA $AERO $SKY $AAVE $JTO $UNI… pic.twitter.com/NNI13d6Uhz
— CryptoDep #StandWithUkraine (@Crypto_Dep) January 8, 2025
Currently, $ENS has a market capitalization of $1.08 billion and further establishes its authority in the blockchain sphere by making Ethereum wallet addresses useful to millions of individuals.
ENA and SKY: Following in the Revenue Race
Right next to $ENS, $ENA reported $47.4 million worth of sales. Revenue trends have reduced slightly by -6.9% for ENA. However, they continue as a key player in the ecosystem with the current market capitalization of $2.93B.
On the other hand, $SKY registered an impressive performance with a 75.9% improvement in revenues, which stood at $40.1 million, thus achieving a market capitalization of $1.28 billion. The positive impacts of the performance of SKY stand as an essential catalyst in the further development of blockchain projects dealing with decentralized applications.
AERO and AAVE Show Consistency
The $AERO protocol was able to muster $35.7 million in revenue, proving its secure place in the competitive blockchain market. Even though its revenue trend increased by only +0.92%, AERO remains a go-to option for users.
The successful and famous Decentralized Finance platform $AAVE, recorded $13.1 million in revenues and a revenue trend growth of +12.5%. As with $4.45 billion in market capitalization, AAVE remains one of the most essential platforms in the DeFi space and offers individuals lending and borrowing tools.
UNI, LDO, and CAKE Face Declines
On the other side of the spectrum, $UNI (Uniswap) and $LDO (Lido) fell by -5.80% and -2.20% in revenues. UNI reported $9.99 million and LDO $9.02 million in revenue. However, both projects are still essential for DeFi, with market caps of $8.01 billion and $1.54 billion, respectively.
Another well-known dApp is $CAKE (PancakeSwap), which has made $8.61 million but decreased by -3.30%. Thus, there is constant user interest in these platforms, which entails constant demand, regardless of the market variables.
CRV, JTO, and Emerging Players in the Ecosystem
$CRV booked $3.72 million in revenue with a 12.2% trend, indicating a rather stable aspect of the DeFi market. However, $JTO had a significantly negative drop in revenue trend of -40.1% to earn $6.58 million. New projects such as $USUAL and $THE continued to progress, generating $3.58 million and $3.36 million in revenues and posting growth rates of +177% and +30.4%, respectively. $VELO and $GMX also appear promising and witnessed a remarkable performance in the market.
XVS’s Surprising Performance
XVS garnered $1.84M in revenue and ranked among the top 15 with a notable + 43.8% revenue trend. While $XVS is the least capped among the top value players, it has demonstrated good growth prospects based on user acquisition and adaptability in a highly saturated dApp economy.
Bottom Line
Analyzing the revenue dynamics of blockchains and dApps, we can see that the decentralized application industry is diverse and evolving. The numbers indicate a healthy and continuously growing ecosystem, from established projects like $ENS and $ENA to projects like $USUAL and $THE. As blockchain technology advances, these dApps demonstrate the increasing use of decentralized finance and services in the international markets.
