On-Chain Revenue Hits $20 Billion in 2025 as DeFi Drives Growth

On-chain revenue has grown to $20 billion in 2025, driven mainly by decentralized finance (DeFi) platforms, according to a new report by crypto investment firm 1kx. Users paid roughly $9.7 billion in on-chain fees in the first half of 2025, up 41% from the same period last year and the highest H1 total on record. DeFi accounted for 63% of all fees, led by trading activity on decentralized exchanges (DEXs) and derivatives platforms.To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io