Ethereum-based assets produce highest returns in 2020

With the recent bullish run building in the crypto universe, it is not surprising that ETH-based assets have performed incredibly well.

Data obtained from crypto market data aggregator, Messari, showed the average performance across Ethereum (ETH)-based assets/DeFi assets has been a nearly 129.65% year-to-date (YTD) gain.


The data provides an overview of the 178 assets that currently exist on ETH, totaling a combined market capitalization of $63.7 billion — just shy of 20% of the entire crypto capitalization.

10 ETH-digital coins have posted year to date gains exceeding 500%, including major decentralized finance protocols Network (KNC) and Bancor (BNT)

Quick fact: DeFi means “decentralized finance.” By definition, it’s a crypto ecosystem made up of financial apps designed on leading blockchain platforms. These digital assets are designed on Ethereum codes, and usually exhibit characteristics that include having protocols and financial smart contracts.

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Recall that about a week ago, Nairametrics exclusively reported how some Ethereum miners are profiting from a surge in fees to an all-time high. On the hourly chart, Nairametrics observed that more than a third of the ETH miner revenue currently comes from fees rather than blocks; up from less than 5% in April.

What this means: Like many other crypto assets, speculating with Ethereum can be highly profitable and has had a good history of giving its investors huge returns. However, there are also many other options to make income from Ethereum. These options include Ethereum mining, Ethereum faucets, and ETH staking.