With greater decentralized finance (DeFi) interest and adoption in recent months, DeFi protocols are earning impressive amounts in fees, with a few protocols generating over $1 million in revenue daily. In this report, we examine the top four DeFi protocols by income over a recent period and analyze their revenue trends.

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About the Author

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Martin Gaspar
Research Analyst

Martin is a research analyst at CrossTower. Martin has several years of experience in conducting fundamental research and cryptocurrency analysis. Prior to joining CrossTower, Martin was a fixed income research analyst at Wells Fargo Securities, where he helped support traders, salespeople, and buy-side clients through his actionable investment recommendations. He has a passion for crypto and has followed the space extensively since 2012. Martin holds a BA from Colorado College, where he graduated with Distinction in Economics.