24-hour DeFi revenue snapshot, three key points:
① Top-ranked: Hyperliquid, $2.53 million
② Combined revenue of the 5 listed projects: $4.67 million
③ Scope: protocols whose tokens can be traded on Binance
$HYPE Hyperliquid | $2.53 million; $PUMP Pump | $1.10 million; $SKY Sky | $420,000; WLFI World Liberty Financial | $315,000; AERO Aero | $307,000
Revenue is a fundamental indicator of whether a protocol can make money, and it’s separate from token price movements.
Typically, revenue for trading protocols rises and falls with market conditions, while lending and stablecoin protocols tend to be steadier. When comparing rankings, it can also help to consider the type of protocol.
One thing to keep in mind: occasional fees can sometimes boost a project’s ranking, such as fees from mass liquidations or new token launches. These projects usually fall in the rankings next time around. What details should we add? Let’s discuss in the comments.
① Top-ranked: Hyperliquid, $2.53 million
② Combined revenue of the 5 listed projects: $4.67 million
③ Scope: protocols whose tokens can be traded on Binance
$HYPE Hyperliquid | $2.53 million; $PUMP Pump | $1.10 million; $SKY Sky | $420,000; WLFI World Liberty Financial | $315,000; AERO Aero | $307,000
Revenue is a fundamental indicator of whether a protocol can make money, and it’s separate from token price movements.
Typically, revenue for trading protocols rises and falls with market conditions, while lending and stablecoin protocols tend to be steadier. When comparing rankings, it can also help to consider the type of protocol.
One thing to keep in mind: occasional fees can sometimes boost a project’s ranking, such as fees from mass liquidations or new token launches. These projects usually fall in the rankings next time around. What details should we add? Let’s discuss in the comments.
