According to Odaily, data from Token Terminal reveals that in December 2024, the top five DeFi protocols generated $158 million in revenue, with four reaching all-time monthly highs. Ethena led the group with a record $56.9 million, accounting for nearly 25% of its total annual revenue of $230.8 million. Sky, formerly known as Maker, also set a new monthly record with nearly $40 million, representing 13% of its $304 million revenue for 2024. This new record was just under $1 million shy of its previous peak in January 2022. The DEX Aerodrome on Base achieved approximately $38 million in December, surpassing its previous high by over $5 million and contributing 15.6% to its annual revenue of $243.6 million. Aave's revenue jumped by over $3 million from November to December, reaching a record $13.6 million, which is 16.7% of its total 2024 revenue of $81.4 million. Lido was the only DeFi application among these not to set a new monthly record, with December revenue at $9.6 million, making up 9.3% of its $103.6 million revenue for the year.