DeFi income generally halved in March, only MakerDAO achieved growth

Odaily Planet Daily reports that the majority of mainstream DeFi protocols on Solana, Ethereum, and BNB Chain saw a month-on-month income decline of over 50% in March, reflecting an overall slowdown in chain activity and transaction volume. The total revenue for Solana's protocol was approximately $42 million, down 55% from the previous month; PancakeSwap on BNB Chain had revenues of $21 million, a decrease of 54%; Protocols such as Ethena, Lido, Aave on Ethereum chain had a combined revenue of $24.5 million, down more than 52%. The only one to buck the trend was MakerDAO (now known as Sky), which reached an income of $10 million in March, up by 11% from the previous month. DeFi tokens also performed weakly with GMCI's GMDEFI index falling by 40% within this year.