If you want to make money in DeFi, you need to choose the right protocol to invest in.
To choose a good protocol, generally speaking we will look at their revenue. Comparing TVL and revenue will be a relatively effective analysis method! It should be noted that of course we will not focus on just one kind of data, and the following sharing is just one of the methods.
📍 Velodrome Finance: 245 million / 119,000 = 1 USD revenue / 2058 USD USD TVL
📍 Synthetix: 478 million / 131,000 = $1 revenue / $6305 USD TVL
📍 RDNT Capital: 322 million / 54,000 = $1 revenue / $5962 TVL
📍 PancakeSwap: 1497m / 89k = $1 in revenue / $16820 in TVL
📍 AAVE: 5079 / 40k = $1 in revenue / $126k TVL
For example, if you stake 2058U on Velodrome, you will earn at least 1U per day, while on AAVE you will need 126000U.
Of course, this does not include internal incentives.
Simply put, the following protocol may be the most efficient revenue vector in Defi currently!
Velodrome Finance
Synthetix
RDNT Capital