DEXScreener is Earning Over $1 Million in Weekly Fees

DEXScreener, a popular chart and data aggregator for onchain tokens, is one of the top earners in all of DeFi, according to DeFiLlama.

The platform earned $5.4 million over the last 30 days, making it one of the top 15 revenue generators in DeFi, ahead of Aave with $4.29 million

0xngmi, the founder of DeFiLlama, posted on Aug 15 that the analytics site is now tracking DEXScreener metrics, and the site is making up to $250,000 per day by charging fees for teams to update their token’s branding and information on the site.

As a “go-to” source for traders buying and selling microcap altcoins, a token’s DEXscreener page is usually a potential buyer’s first impression of a token. Teams pay a $300 fee to the platform to update information such as their token’s icon and banner image or direct links to social media pages, including Twitter and Telegram.

The platform tracks all tokens with active liquidity pools on more than 80 different blockchains.

DEXScreener’s success is yet another example of the demand for memecoin infrastructure. Between launchpads, telegram bots, trading terminals and now data aggregators, 7 of the top 20 highest revenue generators in DeFi are memecoin-adjacent.