Ethereum DeFi Landscape Reveals 88% of Protocols Generate No Revenue, Highlighting Network Inefficiencies
Main Idea
A recent report reveals that 88% of Ethereum DeFi protocols generate no revenue, highlighting challenges in sustainability and growth within the sector.
Key Points
1. Ethereum network currently supports 1,271 DeFi protocols.
2. 88% (1,121) of these protocols generate no revenue.
3. 75% of the remaining 264 protocols show no recent revenue activity.
4. The data underscores challenges in achieving sustainable growth in the DeFi sector.
Description
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