$PUMP Token Soars as Pump.fun Surpasses Hyperliquid in Revenue

Pump.fun, a Solana-based token launchpad, has surpassed Hyperliquid in 30-day revenue, according to data from DeFiLlama. The memecoin factory earned $33.73 million in the past month, exceeding Hyperliquid's $32.73 million. This milestone comes as $PUMP token price rose by approximately 12% to trade near $0.0027 with a market capitalization of around $1.055 billion.

Pump.fun's total fees over the 30-day window reached $84.35 million, while Hyperliquid collected $47.14 million in fees during the same period. The protocol's fee-to-revenue conversion rate is higher than Hyperliquid's, which means more value accrues directly to Pump.fun and its token holders.

Historical data shows that Pump.fun has consistently outperformed Hyperliquid on daily and weekly revenue metrics. Its cumulative lifetime revenue has reached $1.231 billion, surpassing Hyperliquid's $1.188 billion in cumulative lifetime revenue.