Top Revenue-Generating DApps Of Q3 2024: From Memecoins To DeFi Giants

The decentralized application (DApp) space continued to show impressive revenue growth in Q3 2024, with a range of platforms across various blockchain ecosystems generating millions.

Here’s a closer look at some of the highest-earning DApps this quarter.

Leading the charge is Pump.fun, a Solana-based platform for minting memecoins, which saw record-breaking growth, generating $262 million. In just one quarter, it became the fastest-growing crypto app in history, driven by a surge of over $100 million in early gains.

Closely following is Sky, the rebranded MakerDAO, with $261 million in revenue. Known for its DAI stablecoin, Sky’s core revenue stream comes from lending DAI to users who lock up crypto assets as collateral, making it a pillar in the DeFi sector.

Aerodrome Finance ($AERO) generated $192 million, capitalizing on Coinbase’s push for on-chain adoption. Hosted on Base, now the largest Ethereum Layer 2 by TVL, AERO’s success reflects Base’s expanding ecosystem.

Ethena Finance ($ENA) takes fourth place with $112 million. This Ethereum-based protocol saw a boost thanks to its USDe stablecoin, alongside growing interest in its governance token, ENA.

If you are in Crypto, You must know about these highest revenue-generating DAPPs.

1/10: https://t.co/HiddAldQc3 – $262M in Q3 2024
Pump fun is a memecoin minting platform on Solana (SOL) that became the fastest-growing crypto app in history after raking in over $100 million. pic.twitter.com/SatfxAbZEB

— TraderFoxy