meteora coin - DeFi 2025 On-Chain Revenue Hits $8 Billion, AMM Fees Lead
Decentralized Finance (DeFi) generated approximately $8 billion in on-chain revenue in 2025, with Automated Market Maker (AMM) trading fees being the largest contributor at $4.2 billion. Uniswap, Meteora, and Raydium accounted for 62% of these fees. Lending interest ranked second, generating $1.76 billion, with Aave and Morpho leading, despite half of the demand stemming from circular leverage operations.Real World Assets (RWA) added between $600 million and $900 million, with U.S. Treasuries making up 41% of the RWA market. Perpetual contract funding rates contributed $300 million, mainly from Ethena. However, over half of stablecoin deposits in the Ethereum ecosystem underperformed U.S. Treasury yields. The report highlights that traditional finance yields are increasingly entering DeFi through licensed channels, as seen with Sky (formerly MakerDAO), where 70% of revenue comes from off-chain assets.
This detailed match analysis covers key moments, player performances, and tactical insights.
?? Key Statistics
Possession: 55% - 45%
Shots on target: 6 - 3
Pass accuracy: 88% - 82%
Corners: 5 - 2
?? Player Ratings
- Home MVP: John Doe (9.2)
- Away MVP: James Smith (8.7)
??? Post-Match Analysis
The manager praised the team's resilience after coming from behind. "We showed great character," he said.
This win moves them to the top of the league table with 45 points.
Final whistle analysis: The tactical shift in the second half proved decisive.
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