DeFi is projected to generate $8 billion in on-chain revenue by 2025, according to Binance. Lending interest ranks second, contributing about $1.76 billion, with platforms like Aave and Morpho making up over 60% of DeFi’s total TVL.
Aave and Morpho are central to this growth, collectively accounting for over 60% of DeFi’s total TVL. The projection underscores the pivotal role of lending markets in DeFi’s revenue model and highlights the concentration of value among leading platforms. The forecast suggests ongoing liquidity and user adoption will be key drivers of on-chain revenue growth, with broader macro factors and regulation shaping the sector’s trajectory.
Leave a Reply