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2d ago

Pump.fun Overtakes Hyperliquid in Daily Revenue as PUMP Rallies on $1B Volume and Buybacks

Fee-funded buybacks alongside a streaming relaunch power the rebound despite legal and distribution risks.

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PUMP’s market tug-of-war: Bulls load up, bears cash out
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Overview

  • DefiLlama data shows Pump.fun generated roughly $3.1–$3.4 million in daily protocol revenue, ranking third in DeFi and topping Hyperliquid for consecutive days.
  • Jupiter tracked more than $1.02 billion in 24-hour trading volume, while total value locked hit a record $334 million.
  • On-chain trackers report about $94.5 million in PUMP repurchases to date, taking ownership to approximately 6.58% of circulating supply with near-daily buys.
  • Creator incentives accelerated with $4 million distributed in a single day and about $20 million over the past week, as livestreaming re-launches drive user engagement; market-share claims versus Rumble, Twitch and Kick remain unverified.
  • Nansen shows notable profit-taking by large holders, and a $5.5 billion class-action lawsuit filed in July remains unresolved, posing an ongoing overhang for the token and platform.