DeFiLlama: DeFi Yield Highly Concentrated, Top Ten Protocols Hold 87% Share

BlockBeats News, May 16th, DefiLlama's latest data shows that in the past month, DeFi protocols have exhibited a significant trend of income distribution to token holders— the top 10 protocols combined accounted for approximately 87% of the total income.

Among them, top protocols such as Hyperliquid, edgeX, and Pump contributed the majority of the income, with a noticeable disparity in the percentage share of a single protocol, demonstrating a typical "power law distribution" structure.

The analysis points out that DeFi income is further concentrating towards the top protocols, with the income share of small and medium protocols continuing to be compressed, intensifying the industry's Matthew Effect.