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 2024
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
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interest

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

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)Crypto marketNFTMetaverseEthereum (ETH)
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interest

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.
Menu