24-hour protocol revenue rankings (only protocols whose tokens have trading pairs on Binance):
· $PUMP Pump｜$2 million
· $HYPE Hyperliquid｜$1.41 million
· $SKY Sky｜$464,000
· WLFI World Liberty Financial｜$401,000
· AERO Aerodrome｜$194,000
Top-ranked: $PUMP Pump, with $2 million. Protocol revenue refers to the total fees paid by users, minus the shares distributed to liquidity providers and stakers; the remainder is retained by the protocol. It’s often used to measure whether a protocol is making money.
Unlike total fees, it excludes the portion paid to LPs; unlike profit, it doesn’t subtract expenses such as operating costs. Beyond the rankings, it’s also worth paying attention to revenue growth: protocols with sustained growth are usually more informative than those that occasionally make the rankings. What do you think?
· $PUMP Pump｜$2 million
· $HYPE Hyperliquid｜$1.41 million
· $SKY Sky｜$464,000
· WLFI World Liberty Financial｜$401,000
· AERO Aerodrome｜$194,000
Top-ranked: $PUMP Pump, with $2 million. Protocol revenue refers to the total fees paid by users, minus the shares distributed to liquidity providers and stakers; the remainder is retained by the protocol. It’s often used to measure whether a protocol is making money.
Unlike total fees, it excludes the portion paid to LPs; unlike profit, it doesn’t subtract expenses such as operating costs. Beyond the rankings, it’s also worth paying attention to revenue growth: protocols with sustained growth are usually more informative than those that occasionally make the rankings. What do you think?