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MakerDAO Spends $27.66 Million Annually to Keep the Protocol Running on Ethereum

According to DeFiLlama data, MakerDAO spends $27.66 million annually to maintain its decentralized money market on Ethereum, which allows users to borrow and lend assets such as ETH.

This amount covers expenses related to the 97 individuals responsible for maintaining the protocol and ensuring its smooth operation.

MakerDAO has spent over $10.6 million in DAI to cover expenses in 2021 alone, with the majority of funds allocated for protocol engineering and ecosystem scaling.

While MakerDAO has the highest operational costs among DeFi protocols, LidoDAO has the largest total value locked at $13.13 billion as of May 31.

Ethereum Ethereum $3,434.58
+1.76%
MakerDAO
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