Axie infinity is the top earning DeFi dApp. But what is it?
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Axie Infinity sees highest protocol revenue in the last 30 days among DeFi Platforms, pushing ahead of competitors like PancakeSwap and MakerDAO.
Ana Grabundzija · July 11, 2021 at 5:00 pm UTC · 2 min read
A non-custodial game and marketplace, Axie Infinity (AXS), built on Ethereum (ETH) and adjacent blockchains launched back in 2018 and has recorded as much as $22.9 million in protocol revenue in the past 30 days, according to data analytics site Token Terminal.
Protocol’s boosted revenue surpassed digits reached by the competitors, such as PancakeSwap with $13,6 million and MakerDAO with $7,6 million and came accompanied by its native token’s price surge, recording almost 233% growth during the same time period.
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