🔥 DeFi Lending Generated Over $1.5B in Fees in the Last Year — Here's Who Dominated
According to Token Terminal data, DeFi lending protocols collectively raked in massive fees over the past 365 days. Aave alone captured $884.5M nearly 55% of the total among top protocols.
Full Breakdown:
• Aave: $884.5M
• Morpho: $169.2M
• Spark: $161.9M
• Maple Finance: $77.0M
• Euler: $74.6M
• Fluid: $70.7M
• Venus: $59.8M
• Compound: $46.2M
• Silo Finance: $15.4M
• Moonwell: $11.3M
Fee spikes were visible mid-2025, coinciding with heightened market volatility and borrowing activity. Q1 2026 shows a recovery trend worth watching closely.
📌 If fees = revenue signal, Aave's moat in DeFi lending looks wider than ever.
What's your take — can any competitor close the gap on Aave in 2026?