Overview
- DeFiLlama data reported by Crypto Briefing show Pump.fun generated $33.73 million in trailing 30-day revenue versus Hyperliquid’s $32.73 million in the Aug. 9–10, 2026 reporting window.
- Pump.fun’s cumulative lifetime revenue is reported at $1.231 billion compared with Hyperliquid’s $1.188 billion, moving the launchpad ahead on both 30-day and all-time measures.
- The two protocols collect very different fees: Pump.fun posted roughly $84.35 million in 30-day fees versus Hyperliquid’s $47.14 million, and Pump.fun converts a larger share of those fees into protocol revenue.
- Pump.fun holds about $251.4 million in TVL versus Hyperliquid’s roughly $6.041 billion, which produces an estimated ~24x higher revenue per dollar locked for Pump.fun and illustrates a sharp efficiency gap.
- Markets reacted to the data with PUMP price gains and elevated buyback activity, while observers caution the ranking is sensitive to short-term fee spikes, Hyperliquid’s volume-driven revenue swings, and ongoing legal and token-unlock events that could affect sustainability.