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Drops Analytics Drops Analytics @drops_analytics · 640K subscribers
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⬆️ Crypto protocol revenue grew from $2.7B in 2021 to $14.7B — a 5.5× increase and a 53% CAGR.

That was the fastest growth among all four baskets in the chart.

Annual revenue:
• Visa + Mastercard: $72.8B
• Flutter + Entain + DraftKings: $29.4B
• ICE + Nasdaq + CME: $21.7B
• Crypto protocols: $14.7B


Crypto remained the smallest basket, while Tether and Circle accounted for approximately 54% of its revenue.

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