They're making a sh*t ton of money (highest grossing app 2019) off mostly men's desperation (~$1.4 billion in 2019 reportedly), but there's only so much paying for all these boosts and memberships can do when there's just so much more demand for women on there. Tinder is also reportedly as much as 75-85% male.
I hope young men aren't letting their lack of matches on the dating apps lower their self esteem/make them depressed and try approaching in real life (post-pandemic). I know for some the feeling of getting close to 0 matches while others get hundreds a day can be crushing to their mental health. But real life is much better, don't let a lack of online success (what's the point, she wouldn't swipe me online so why should I approach her?) stop you from approaching women in real life .