DeFi· ★★★· neutral·

Hyperliquid Tops 2026 On-Chain Revenue Generators With $429M

  • —Hyperliquid earned $429.04 million — more than the next two projects combined
  • —Pump.fun ranked second with $322.21 million, almost all from Solana memecoin launchpad fees
  • —The top 15 projects accounted for 56.02% of $3.40 billion in total revenue
  • —Average monthly revenue in 2026 was $1.08 billion, 11.68% below 2025
Why it matters: Protocol revenue has held relatively steady even as BTC fell nearly 40%, pointing to resilient demand for on-chain services.
#HYPE#SOL
Source: CoinGecko Learn
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