DeFi-протоколы восстанавливаются: сентябрь принес $600 млн в доходах Translation: Headline: DeFi Protocols Rebound: September Brings $600 Million in Revenue

In September, protocols in the decentralized finance sector generated approximately $600 million in revenue from fees, marking a 76% increase from March’s $340 million.

Leading the way are Uniswap, which reported $136.04 million in revenue over the last 30 days, and Aave, with $98.97 million.

This rise in fee revenue is accompanied by a shift in developers’ approach to tokenomics, as noted by The Block.

While the market in late 2024 was focused on meme coins, viral marketing, and community engagement, protocols are now shifting towards more traditional financial metrics, driven by the increasing involvement of institutional investors.

One notable trend is the adoption of buyback programs similar to those in TradFi, aimed at enhancing token value and attracting players accustomed to conventional financial instruments.

Projects such as Ethena, Ether.fi, and Maple are already experimenting with mechanisms to boost the attractiveness of their assets, and buyback proposals are receiving support from holders.

Although cryptocurrency tokens share similarities with TradFi instruments, they are not stocks. Besides serving as value accumulation tools, these assets participate in governance, provide access to protocols, and have applications within the network. Thus, they play a crucial role in the decentralized finance ecosystem.

Additionally, it’s worth noting that in August, the volume of fees for DeFi protocols declined by 24% compared to July.