$PUMP Token Surges as Pump.fun Overtakes Hyperliquid in Revenue

Pump.fun, a Solana-based token launchpad, has surpassed Hyperliquid in revenue over the past 30 days. According to DeFiLlama data, Pump.fun generated $33.73 million in revenue, outpacing Hyperliquid's $32.73 million over the same period.

The success of Pump.fun is reflected in its token price, which rose by around 12% to trade near $0.0027 with a market capitalization of approximately $1.055 billion.

Pump.fun's total fees reached $84.35 million over the 30-day window, while Hyperliquid collected $47.14 million in fees during the same stretch. The key difference between the two protocols lies in their fee structures and how they distribute revenue.