Follow the money, not the talk:
Where users’ payments go is clearest from the protocol revenue rankings—24 hours (only protocols whose tokens are tradable on Binance):
$HYPE Hyperliquid｜$2.53 million; $PUMP Pump｜$1.1 million; $SKY Sky｜$420,000; WLFI World Liberty Financial｜$315,000; AERO Aero｜$307,000
Hyperliquid ranked first with $2.53 million, meaning that among the protocols listed, users paid it the most during the measurement period. When selecting assets, whales often treat revenue as fundamental support; however, revenue should be considered alongside token distribution.
Also, sharp spikes in fees often correspond to large transactions, so this revenue may not be sustained. Whales pay more attention to the protocols that consistently make the rankings.
Based on past experience, DeFi revenue tends to concentrate among a handful of protocols, making it difficult for newcomers to break into the rankings. When a new name appears, it’s worth keeping a closer eye on it.
#HYPE
Where users’ payments go is clearest from the protocol revenue rankings—24 hours (only protocols whose tokens are tradable on Binance):
$HYPE Hyperliquid｜$2.53 million; $PUMP Pump｜$1.1 million; $SKY Sky｜$420,000; WLFI World Liberty Financial｜$315,000; AERO Aero｜$307,000
Hyperliquid ranked first with $2.53 million, meaning that among the protocols listed, users paid it the most during the measurement period. When selecting assets, whales often treat revenue as fundamental support; however, revenue should be considered alongside token distribution.
Also, sharp spikes in fees often correspond to large transactions, so this revenue may not be sustained. Whales pay more attention to the protocols that consistently make the rankings.
Based on past experience, DeFi revenue tends to concentrate among a handful of protocols, making it difficult for newcomers to break into the rankings. When a new name appears, it’s worth keeping a closer eye on it.
#HYPE
