Users are voting with their own money.
24-hour revenue rankings (protocols whose tokens are tradable on Binance):
$HYPE Hyperliquid | $2.03 million
$PUMP Pump | $1.8 million
$SKY Sky | $452,000
WLFI World Liberty Financial | $384,000
UNI Uniswap | $198,000
The top-ranked $HYPE generated $2.03 million in revenue, and its token price is up 0.57% over the past 24 hours. For now, both revenue and price are holding up well.
Revenue affects the fundamentals over the medium to long term, while short-term prices are still driven by capital flows and token supply and demand.
From a capital-flow perspective, what’s more worth watching than the daily ranking is the revenue trend: sustained growth means capital is sticking around, while a continued decline means capital is flowing out. Also, if fees are concentrated among a few large addresses, revenue could shrink rapidly if those whales leave. Share your take in the comments, and let’s compare notes in a few days.
#HYPE
24-hour revenue rankings (protocols whose tokens are tradable on Binance):
$HYPE Hyperliquid | $2.03 million
$PUMP Pump | $1.8 million
$SKY Sky | $452,000
WLFI World Liberty Financial | $384,000
UNI Uniswap | $198,000
The top-ranked $HYPE generated $2.03 million in revenue, and its token price is up 0.57% over the past 24 hours. For now, both revenue and price are holding up well.
Revenue affects the fundamentals over the medium to long term, while short-term prices are still driven by capital flows and token supply and demand.
From a capital-flow perspective, what’s more worth watching than the daily ranking is the revenue trend: sustained growth means capital is sticking around, while a continued decline means capital is flowing out. Also, if fees are concentrated among a few large addresses, revenue could shrink rapidly if those whales leave. Share your take in the comments, and let’s compare notes in a few days.
#HYPE