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Research Cardano’s top protocol revenue earners and assess how durable their revenue sources areCardano’s $6.3B market cap and 8,764x P/F: what drives this valuation gap?Set a 30-day exit trigger for Cardano revenue exposure or retain it against Solana?Check Cardano protocol contracts on-chain for revenue flows and recent changesCardano revenue rose 30% weekly while TVL dropped 11%: is activity concentrating?

As of Nov 13, 2026, revenue on Cardano totaled $2,453 in the last 24 hours and $18,588 in the last 7 days; the largest protocols are Minswap ($1,822), Liqwid ($404) and Indigo ($293).

Revenue on Cardano

Revenue (24h)as of Nov 13, 2026$2,453

Revenue (30d)$107,496

Weekly Change-43.63%

Top losers (7d)

See all

Minswap$11,998-19.88%

Combined

DWMQYC

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AllGainersLosers

8Columns11Category.csv

Name	Revenue 24h	Revenue 7d	Change 7d	Revenue 30d	Rating	Rights	Category	Definition
Minswap1 chain	$1,822	$11,998	-19.88%	$66,795			Dexs	DEX: Protocol-captured revenue: fee_sharing (to MIN stakers) + batcher fee (to treasury). Aggregator: All aggregator fees go to the protocol (100% protocol revenue)
Liqwid1 chain	$404	$2,420		$11,509			Lending	Portion of fees kept by the protocol, split between the Liqwid DAO treasury and LQ stakers
Indigo1 chain	$293	$1,329	-89.16%	$14,963			CDP	All CDP fees paid by users, which the protocol keeps in its treasury and interest-collection contract (or, before V3, sent to INDY stakers)
Cardano1 chain	$254	$2,684	+19.18%	$11,491	AA		Chain	Share of transaction fees sent to the Cardano treasury (the tau protocol parameter, 20% since the Shelley hard fork in July 2020; no treasury existed before)
SundaeSwap1 chain	$85.29	$599.64	-3.05%	$2,550			Dexs	A fixed ADA cost per transaction that is collected by the protocol. Only the 50 largest SundaeSwap pools by current TVL (across all versions) are counted, and the same current set is used for past dates, so pools that were large in the past but are not in today's top 50 are excluded
Dano Finance1 chain	$56	$382	-25.68%	$3,108			Dexs	All the fees are revenue
FluidTokens1 chain	$15	$159.66	-23.30%	$2,022			Lending	All value received by the treasury-only FluidTokens fee address is treated as protocol revenue
JPG Store1 chain	$8.12	$33.61	+117%	$169.77			NFT Marketplace	All marketplace fees collected by the jpg.store protocol
Bodega Market1 chain	$6.57	$94.16	+97.65%	$150.30			Prediction Market	Half of the admin fees, which Bodega keeps, plus the market opening fees held in the protocol treasury
Splash Protocol1 chain	$0.07	$0.67	-19.28%	$5.07			Dexs	Percentage of swap fees going to treasury and/or token holders
WingRiders1 chain	$0	$0		$0			Dexs	Zero here. WingRiders separately keeps a small protocol fee (about 0.05% on standard pools) plus optional project and reserve fees that accrue to on-chain treasuries, but those amounts are not published by the public data feed this adapter reads, so protocol revenue is not currently captured
Lunar Finance Aggregator48 chains	$0	$0		$0			DEX Aggregator	Protocol fees retained by Lunar Finance
Lunar Finance Bridge Aggregator48 chains	$0	$0		$0			Bridge Aggregators	Protocol fees retained by Lunar Finance
RealFi1 chain	$0	$1,571	-0.63%	$6,224			RWA	Share of each epoch's minted yield sent to the RealFi protocol fee address instead of the sUSDrf staking vault
Yamfore1 chain							Lending	Percentage of interest going to treasury
Strike Finance Perpetuals2 chains							Derivatives	All trading fees collected by the platform
DeltaDeFi1 chain							Dexs	Same as Fees
Levvy Finance1 chain							NFT Lending	Levvy for NFTs: Marketplace revenue. Levvy for Tokens: Percentage of interest going to treasury