Point Farming

Kinza Finance

YZi Labs (prev Binance Labs)

GTS Ventures

Discover how to use Kinza Finance (KZA)  in this step-by-step tutorial. Learn how to connect your wallet, select assets, and confirm transactions. Stay updated with the KZA! 

Kinza Finance Airdrop — How to Add Liquidity

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

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medium_top-defi-revenue-projects-may2025.webp

small_top-defi-revenue-projects-may2025.webp

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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

Lido is a liquid staking solution for ETH 2.0 backed by industry-leading staking providers. Lido lets users stake their ETH - without locking assets or maintaining infrastructure - whilst participating in on-chain activities, e.g. lending.

"Ethereum Community Conference 4 | July 20-22, 2021 | Maison de la Mutualité, Paris, France"

EthCC 2021

Cosmoverse in Lisbon, Portugal from November 5th to 6th.

Cosmosverse

ReDeFiNE Tomorrow 2022 virtual summit from July 21st to 22nd.

ReDeFiNE Tomorrow 2022

"The 8th Lido Node Operator Community Call is coming up... 17pm UTC."

Community Call

DEVCON 2022 in Bogota, Colombia from Oct 11th to 14th at the Agora Bogotá Convention Center.

DEVCON 2022

"Polygon V2 upgrade (LoP) + LoP Wave 2 Onboarding. - Technical deep-dive: ETH Withdrawals update. - Guest appearance...," at 5 PM (UTC).

NOM Community Call #3

"We look forward to seeing you on Feb 21st, 17:00 UTC, for the Lido Node Operator Community Call #4"

Node Community Call #4

XT.COM lists Lido DAO (@LidoFinance) with LDO/USDT Perpetual Contract at 08:00 AM (UTC).

XT.COM Listing

Bitfinex lists Lido DAO (@LidoFinance) with LDO/USD and LDO/USDT pairs at 10 AM (UTC).

Bitfinex Listing

"Join us Tuesday December 20th for the 2nd Lido NOM Community Call... 8.00 ET / 13:00 UTC / 22.00 GMT+8"

"If no last-minute findings are surfaced and the vote is successful, Lido V2 will be live after the vote enactment on May 15th"

V2 Upgrade

"4 Week Goerli testnet will commence next week (c. March 20th)."

Goerli Testnet Begins

"Join us for a Live Video AMA with @ValerieTetu, GTM Strategy at @LidoFinance," at 13:30 (UTC).

AMA w/ Crypto.com

AscendEX (BitMax) lists Lido DAO (@LidoFinance) at 2:00 AM (UTC).

AscendEX (BitMax) Listing

"Join us Friday 14pm UTC to talk all safety measures around Lido V2 upgrade... General security Q&A..."

Safety Measures Talk

Mainnet Upgrade

"... Roll out the red carpet for the celebs of Layer 2, rollups, modular infra, #Web3 gaming, #DeFi & more."

AltLayer Rollup Day

"Looking ahead to August... we're excited for... a number of stETH integrations..."

StETH Integrations

"KBW spans one week delivering a world-class lineup of speakers, non-stop events and wonderful vibes."

Korea Blockchain Week

"Next Steps: Pending an on-chain vote from August 8th - 11th, both Node Operators will be running mainnet validators by the end of August."

Node Operator Vote

"Looking ahead to August... we're excited for... community staking module development..."

Community Staking Module

Token 2049 Asia at Marina Bay Sands, Singapore from September 13th to 14th.

Token 2049 Asia

"... Development and operation support for Lido on Polkadot and Kusama will be discontinued."

Discontinue DOT Support

"Our next Bitfinex Space invites @LidoFinance! Join us as we talk about the famous platform for bringing liquidity to staked #ETH... at 2PM"

Bitfinex Space

"Looking ahead to August... we're excited for... the 9th Node Operator Community Call"

Node Operator Call

"Looking ahead to August, among other things, we're excited for Ethereum NO Wave 5 updates, community staking module development..."

ETH NO Wave 5 Updates

Web3 Family Conference 2nd edition, a human-size, affordable and chain-agnostic event, in Barcelona.

WEB3FC

"The 9th NOCC is coming up... @ 5pm UTC, live on Youtube & Twitter - Lido on Ethereum Wave 5 Onboarding - Setting up a DVT..."

"Together with @Neutron_org and @axelarcore, Lido DAO contributors are working on bringing staked ETH to the Cosmos ecosystem."

WstETH on Cosmos

"Looking ahead to September, prepare for... Lido DAO's revamped Liquidity Observation Lab (LOL)..."

Revamped LOL

SmartCon 2023 in Barcelona from October 2nd to 3rd.

SmartCon 2023

"A third round of testnet trials are tentatively scheduled for late October/early November, if you are interested in participating..."

DVT Testnet Trials

Georgios Konstantopoulos

Mayne

6529

Keyboard Monkey

Banteg

zacxbt

Saint

DCF GOD

Alex Svanevik

DeFiTracer

notsofast

DeeZe

Imran Khan

tusharjain

evan.sui

Independent Ethereum Educator, Investor and Advisor

Anthony Sassano

Max Bronstein

Sreeram Kannan

SpiderCrypto

Chris Burniske

Ignas | DeFi

Santiago R Santos

Kyle Samani

Partner at Andreessen Horowitz (a16z) crypto

Eddy Lazzarin

Degen Spartan

David Hoffman

Specialist at Coinbase Cloud and an investor in crypto protocols

Viktor Bunin

Tetranode

Matthew Graham

CL207

HC Xie | We are hiring!

satsdart

notEezzy

Andrew Kang

0xMaki

Founder of Aave.com and Venture Partner of Variant.fund

Stani Kulechov

Palmer

top tick crypto

Redphone Crypto

gmoney.9dcc.e uc0u964 h

DFarmer

Mo Shaikh

Initial developers

Investors

Validators

Founders

Treasury

United States of America

Paradigm is a cryptocurrency-focused investment firm and venture capital company. It was founded by Matt Huang and Fred Ehrsam, both of whom have significant experience in the cryptocurrency and blockchain industry. Paradigm is headquartered in San Francisco, California, and is considered a prominent player in the digital asset and blockchain investment space.

Paradigm

Sale Link

crunchbase info

add sale info

Venture Round

Divergence Ventures is a venture capital firm based in San Francisco, California. They specialize in investments in the blockchain and cryptocurrency sectors.

Divergence Ventures

Digital Currency Group builds and supports bitcoin and blockchain companies by leveraging insights, network, and access to capital.

Digital Currency Group (DCG)

Jump Trading LLC, often referred to simply as Jump, is a proprietary trading firm headquartered in Chicago, Illinois, USA. Founded in 1999 by Paul Gurinas and Bill DiSomma, Jump Trading is one of the leading high-frequency trading (HFT) firms in the world. It is known for its expertise in algorithmic trading and quantitative strategies, particularly in the fields of futures, options, and equities.

Jump Trading

Singapore

Three Arrows Capital

Robot Ventures primarily invests in projects and companies related to decentralized finance (DeFi), blockchain technology, cryptocurrencies, and the broader Web 3.0 ecosystem. They seek to identify promising early-stage projects that are building innovative solutions in these areas.

Robot Ventures

Coinbase Ventures is the venture capital arm of Coinbase, one of the largest and most well-known cryptocurrency exchanges in the world. Coinbase Ventures is focused on investing in early-stage companies and projects in the blockchain and cryptocurrency space. It provides funding, resources, and support to startups and entrepreneurs working on innovative blockchain and crypto-related technologies and applications.

Coinbase Ventures

Dragonfly Capital Partners, commonly referred to as Dragonfly Capital, is a venture capital firm that focuses on investments in the blockchain and cryptocurrency space. Dragonfly Capital is known for its active involvement in the blockchain and crypto industry and its commitment to supporting innovative projects and companies.

Dragonfly Capital

Hong Kong

Alameda Research is a quantitative cryptocurrency trading firm that provides liquidity in cryptocurrency and digital assets markets.

Alameda Research

LAO is a member-led venture fund built on the spirit of Ethereum’s original DAO. As a global collective of Ethereum enthusiasts and experts, LAO invests in early-stage projects that push the boundaries of DeFi, NFTs, privacy, and Web3 social applications.

The Lao

Delphi Digital is a dynamic research-driven firm at the intersection of blockchain technology and traditional finance. Founded by a team of seasoned professionals, the firm is committed to providing cutting-edge insights and strategic analysis in the rapidly evolving digital asset space.

Delphi Digital (Delphi Labs)

Funding Round

Andreessen Horowitz, often referred to as "a16z," is a prominent venture capital firm based in Menlo Park, California. It was founded in 2009 by Marc Andreessen and Ben Horowitz, both of whom are well-known figures in the tech industry. Andreessen Horowitz is one of the leading venture capital firms in Silicon Valley and has gained a reputation for its investments in technology companies, particularly in the areas of software, internet, and more recently, blockchain and cryptocurrency.

Andreessen Horowitz (a16z)

Venture Round 2

United Kingdom

Semantic Ventures is a venture capital firm investing in new directions for data and the digital economy.

Semantic Ventures

Terra

Finland

Founder and CEO of Aave and ETHLend. He is an experienced businessman with extensive knowledge of blockchain, cryptocurrencies and financial technology.

KR1 plc, founded in 2016, is a leading publicly listed digital asset investment company focused on decentralised and open-source blockchain networks.

KR1 (Kryptonite1)

South Korea

We are the leading staking service provider for blockchain projects. Delegate to us, stake with us.

Stakefish

Germany

Staking Facilities Venture is a venture capital investment firm based in Munich, Germany. The firm employs an early-stage and seed-stage investment strategy and invests across the blockchain, financial services and information technology sectors.

Staking Facilities Ventures

Australia

Kain Warwick

ParaFi Capital is an alternative investment firm focused on blockchain and decentralized finance markets.

Lido DAO LDO

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FDV

Performance vs.

Investors

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X Performance

Latest LDO Research

DeFi Platforms See Revenue Growth as Activity Climbs

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