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Ethereum Q3 revenue drops 35% despite rising DeFi trading and lending activity

Protocol Fundamentals
22 Oct 2026
Tokenpost
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Neutral
Ethereum Q3 revenue drops 35% despite rising DeFi trading and lending activity

Ethereum's network revenue fell about 35% to $41 million in Q3, even as decentralized finance (DeFi) trading and lending grew. Spot trading on decentralized exchanges (DEXs) increased 13% to $571 billion, with tokenized equity trades rising sharply, especially on BNB and Robinhood Chains. Lending deposits grew 51% to $81 billion, and active loans rose 41% to $29 billion. Despite higher DeFi activity, Ethereum's transaction count and staking yield slightly declined, highlighting a disconnect between broader DeFi growth and Ethereum's own revenue stream.

Ethereum network revenue and DeFi trading activity provide context for readers, with Pluang market data as of Oct 22, 2026 14:21 WIB. Among 50 major cryptocurrencies on Pluang, 7 rose and 42 fell today. Notable movers include BAL (Balancer) at Rp16.297 with a 1-day change of +11.14%, EOS (EOS.IO) at Rp12.649 up 8.13%, and KSM (Kusama) at Rp72.247 down 6.64%, with KSM showing a Pluang order activity of 32% Sell and 68% Buy. The most notable figure is BAL's 11.14% gain.

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