Crypto
Pump.fun Surpasses Hyperliquid as Top Solana Launchpad
Pump.fun has regained its position as the top-performing Solana-based memecoin launchpad, surpassing Hyperliquid in monthly revenue for the first time since April 2025.
According to DeFiLlama data, Pump.fun generated $33.73 million in revenue over the preceding 30 days, narrowly edging out Hyperliquid's $32.73 million.
The milestone marks a significant shift in the market, with Pump.fun collecting $84.35 million in total fees during the same period compared to Hyperliquid's $47.14 million.
Pump.fun's net revenue retention margin sits at 41%, while Hyperliquid's stands at 73%.