Bar chart of DeFi projects ranked by revenue for May 2025, with Axiom, Pump, and Hyperliquid leading.

top-defi-revenue-projects-may2025.webp

Axiom and Pump Lead DeFi Revenue Charts in May 2025

Pump.fun

Hyperliquid

PancakeSwap

Aerodrome

Raydium

Jupiter

Lido DAO

large_top-defi-revenue-projects-may2025.webp

medium_top-defi-revenue-projects-may2025.webp

small_top-defi-revenue-projects-may2025.webp

thumbnail_top-defi-revenue-projects-may2025.webp

In May 2025, DeFi protocols on Ethereum, Arbitrum, and other chains saw strong revenue growth as user activity and transaction volumes rose. Axiom and Pump topped the earnings charts for the month.

DeFi Platforms See Revenue Growth as Activity Climbs

Aerodrome Finance is a next-generation AMM that combines the best of Curve, Convex and Uniswap, designed to serve as Base's central liquidity hub. Aerodrome NFTs vote on token emissions and receive incentives and fees generated by the protocol.

SpiderCrypto

avery.apt

zeneca

top tick crypto

Redphone Crypto

0xSun

dragos

Luca Netz

Jenn

Palmer

Nacho Trades

DeFi Investor and Leads of Defiance.capital

ArthurOx Cheong

smolting (wassie, verse)

maria

NekoZ

Partner at Andreessen Horowitz (a16z) crypto

Ali Yahya

DFarmer

Cryptoyieldinfo

Founding Partner Delphi_Ventures Co-Founder Delphi_Digital Host PodcastDelphi

Tommy

Mando

Kain

X (Twitter)

Github

Discord

ether.fi

Black Lemon AI

Chainflip

Chimp

Ignas | DeFi

jesse.base.eth

icebergy

Kmoney is a crypto content creator known for humorous takes on Web3, NFTs, and blockchain culture, blending memes with market insights.

kmoney

Uniswap

Aster

Bee Trade Finance

Curve DAO

All Inx

Nexa

Morpho

Ripe DAO Governance Token

Virtuals Protocol

SPX6900

Onyxcoin

Canton

Zcash

Bitcoin

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