What’s the most profitable business in crypto?
Top five by fees today:
1. Papertrade: 7.33 million in fees, 7.33 million in revenue, 100% retention
2. $PUMP : 5.65 million in fees, 2.04 million in revenue, 36% retention
3. $HYPE : 3.47 million in fees, 2.64 million in revenue, 76% retention
4. $UNI : 3.32 million in fees, 320,000 in revenue, 10% retention
5. Polymarket: 3.24 million in fees, 600,000 in revenue, 18% retention
The new Papertrade protocol is really taking off: 3.76 million → 5.73 million → 7.33 million, doubling in two days. It’s surpassed PUMP.
Meanwhile, PUMP has barely budged over the past three days: 6.29 → 5.83 → 5.65 million.
Retention rates are the most interesting part:
HYPE 76%, PUMP 36%, Polymarket 18%, UNI just 10%.
They all charge fees, but HYPE keeps 76 out of every 100, while UNI keeps only 10. The rest goes to LPs.
If you’re not sure what coin to buy, you can use this ranking as a reference.
Top five by fees today:
1. Papertrade: 7.33 million in fees, 7.33 million in revenue, 100% retention
2. $PUMP : 5.65 million in fees, 2.04 million in revenue, 36% retention
3. $HYPE : 3.47 million in fees, 2.64 million in revenue, 76% retention
4. $UNI : 3.32 million in fees, 320,000 in revenue, 10% retention
5. Polymarket: 3.24 million in fees, 600,000 in revenue, 18% retention
The new Papertrade protocol is really taking off: 3.76 million → 5.73 million → 7.33 million, doubling in two days. It’s surpassed PUMP.
Meanwhile, PUMP has barely budged over the past three days: 6.29 → 5.83 → 5.65 million.
Retention rates are the most interesting part:
HYPE 76%, PUMP 36%, Polymarket 18%, UNI just 10%.
They all charge fees, but HYPE keeps 76 out of every 100, while UNI keeps only 10. The rest goes to LPs.
If you’re not sure what coin to buy, you can use this ranking as a reference.