Ethereum generated the most fees among the top twenty protocols over the past 30 days with around $180 million, according to new data from Token Terminal.
“Given that the activity on Base has outpaced the Ethereum L1, this is a sign that L2 scaling is working,” it stated.▪️Outside of L1 & L2 blockchains, all other protocols belong to the DeFi categoryOnly Ethereum, Tron, Bitcoin, and Lido generated over $100 million in fees over the past 30 days, it reported. Other findings were that Uniswap DAO led in fees among decentralized exchanges, while Uniswap Labs generated the least in the same category.
The findings noted that revenue was calculated based on the percentage take rate that the protocol applies to fees. Bitcoin and Uniswap DAO currently have a take rate of 0%, whereas Ethereum tends to have a take rate of around 80%, it noted.