24-hour protocol revenue rankings (only protocols whose tokens have trading pairs on Binance):
$HYPE Hyperliquid | $3.46 million; $PUMP Pump | $2.01 million; $SKY Sky | $434,000; WLFI World Liberty Financial | $394,000; AERO Aerodrome | $328,000
Top of the rankings: $HYPE Hyperliquid, at $3.46 million. Protocol revenue is the portion of all fees paid by users that remains with the protocol after the shares allocated to LPs and stakers are taken out. It’s generally used to measure a protocol’s ability to generate revenue.
Compared with total fees, it excludes the portion distributed to LPs; unlike net profit, it doesn’t deduct operating costs and other expenses. Beyond the rankings, revenue growth is more worth watching: protocols with steadily rising revenue are generally more reliable than those that make the rankings just once. What matters most to you?
$HYPE Hyperliquid | $3.46 million; $PUMP Pump | $2.01 million; $SKY Sky | $434,000; WLFI World Liberty Financial | $394,000; AERO Aerodrome | $328,000
Top of the rankings: $HYPE Hyperliquid, at $3.46 million. Protocol revenue is the portion of all fees paid by users that remains with the protocol after the shares allocated to LPs and stakers are taken out. It’s generally used to measure a protocol’s ability to generate revenue.
Compared with total fees, it excludes the portion distributed to LPs; unlike net profit, it doesn’t deduct operating costs and other expenses. Beyond the rankings, revenue growth is more worth watching: protocols with steadily rising revenue are generally more reliable than those that make the rankings just once. What matters most to you?