Highest earning NFT market places worldwide, per month 2020-2021

Published by
Raynor de Best,
Jan 11, 2023
With a revenue generation of over 300 million U.S. dollars in August 2021, videogame Axie Infinity is an example of how DeFi protocols increasingly generate more money. The protocol behind OpenSea - a popular NFT trading platform - made over ten times more protocol revenue in August 2021 than it did one month before. What this means, is that the protocol is essentially creating more revenue "for itself". Protocol revenue - fees taken directly by the protocol and its token owners - is different from supply-side revenue - revenue given to those who use the protocol - and is believed to make up around 13 percent of the total revenue in the DeFi market.

Biggest DeFi applications or dapps that trade NFTs based on monthly protocol revenue from October 2020 up to December 2021 (in million U.S. dollars)

© Statista 2023
Download
Show detailed source information?
Register for free
Already a member?
Log in
Sources

Use Ask Statista Research Service

Release date

November 2022

Region

Worldwide

Survey time period

October 2020 to December 2021

Special properties

Protocol revenue is revenue based on fees taken directly by the protocol and its token holders. The source mentions this works similarly to a stock buyback, as it decreased the amount of tokens in circulation. "Revenue" in DeFi consists of both "protocol revenue" and "supply-side revenue" - fees handed out to makers or liquidity suppliers

Supplementary notes

No figures were provided for the well-known dapps Uniswap, Balancer and Syntethix as these platforms do not have protocol revenue, e.g. all their revenue is going to their users.

Citation formats
Statista Accounts: Access All Statistics. Starting from $1,788 USD / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account.

Starter Account
The ideal entry-level account for individual users
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$189 USD $149 USD / Month *
in the first 12 months
Professional Account
Full access

Business Solutions including all features.

* Prices do not include sales tax.

Statistics on " Decentralized Finance (DeFi) "

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Decentralized Finance (DeFi)

Market size

5

Adoption, by country

5

Segments

5

DEX, Wallets

5

Lending

5

Payments

3

Further related statistics

12

Further Content: You might find this interesting as well

Statistics

Topics

Decentralized Finance (DeFI)CryptocurrencyNFTMetaverseEthereum (ETH)
Statista Accounts: Access All Statistics. Starting from $1,788 USD / Year
Learn more about how Statista can support your business.
Menu