
Tether and Circle top $169M in weekly revenue as DEX volumes slide 11.3%
- —Tether booked $121.23 million in seven-day revenue, Circle $48.11 million
- —Hyperliquid ($14.18 million) and Pump ($13.04 million) trailed far behind
- —Daily DEX volume stood at $5.554 billion; 30-day total $210.03 billion
- —DeFiLlama's 30-day revenue hit $1.247 billion, down 11.83% week over week
Why it matters: Stablecoin issuer revenue rests on reserve assets rather than trading activity, making it more resilient to a DEX slowdown.
Source: crypto.news