Data: The Ethereum ecosystem generated approximately $7.3 billion in fee revenue over the past year, with Tether, Circle, and Lido as the top 3.

According to Token Terminal monitoring, companies and DAOs within the Ethereum ecosystem generated a total of approximately $7.3 billion in fee revenue in the past 365 days. The main market areas include stablecoin issuance, liquid staking, lending, DEX, and RWA issuance.

The top ten companies and DAOs are Tether, Circle, Lido Finance, Uniswap, Aave, Flashbots, Sky, Ethena Labs, Morpho, and Convex Finance.