OpenSea topped NFT revenue generation over the last month

Representatives of the analytical platform CryptoDifer reported on the market analysis and interesting results obtained related to the NFT token sector. According to them, OpenSea naturally became the leader in terms of revenue generated over the past month. In a report published on November 28, it was indicated that OpenSea was able to generate about $7,200,000, while losing 18% over the past month.

Despite some losses, OpenSea can still be called the well-deserved leader of all decentralized sites in terms of revenue generated. The second and third places were taken by representatives of platforms not related to NFT collections.

The silver medalist in this tacit competition was the dYdX DEX exchange, and PancakeSwap, one of the most popular exchanges in the decentralized finance sector, took the third position. Both platforms were able to generate $7,000,000 in revenue. It is noteworthy that compared to the previous month, dYdX improved their result by 72.9%, and PancakeSwap - by 54.8%.

It is worth noting that the top three who achieved a large level of income generation managed to leave their competitors far behind. For example, in fourth place in this indicator was the GMX platform with a profit generation of $4,400,000. To be fair, even this relatively modest figure is 87.3% higher than what the company was able to show last month.

The top 5 in terms of the amount of generated profit is closed by the Lido Finance platform, whose users were able to secure a profit of $3,500,000. However, unlike all four previously named companies, Lido Finance managed to improve its result compared to the previous month by only 20.6%.

Despite all these indicators and seemingly good results in the decentralized finance sector, in general, experts note a drop in the popularity of DeFi among all crypto enthusiasts. The reason for this, of course, is the overall fall of the cryptocurrency market. He is going through hard times, which are exacerbated by events such as the bankruptcy of the FTX exchange and the subsequent closure of many projects that were associated with the Sam Bankman-Freed company.

Despite the losses, DeFi sites still have demand among their customers, as they manage to make a profit even in the troubled times of the cryptocurrency world.