Pump.fun Crushes Hyperliquid in Daily Revenue Showdown

Solana's meme coin launchpad Pump.fun just flipped the script—outearning Hyperliquid in daily revenue for the first time ever.

The numbers don't lie: while Hyperliquid's trading volumes stagnate, Pump.fun's token-creation frenzy is minting real cash. Retail traders are ditching complex perpetuals for the simplicity—and sheer chaos—of instant meme token launches.

It's a classic crypto story: sometimes the dumbest ideas make the smartest money. While DeFi degens argue over basis points, Pump.fun users are printing gains with cartoon frogs and dog-themed tokens. Who needs sustainable economics when you've got vibes?

One thing's clear: in the race for revenue, simplicity wins. Hyperliquid might have the tech, but Pump.fun has the momentum—and the receipts.

$236 ecosystem, recently surpassed the derivatives exchange Hyperliquid in daily revenue. According to data from DefiLlama, Pump.fun recorded a revenue of $3.38 million over 24 hours, compared to Hyperliquid’s $3.06 million. With this performance, Pump.fun secured the third position among DeFi protocols, trailing only Tether ($21.67 million) and Circle ($7.62 million).

ContentsPump.fun’s Revenue PerformancePUMP Coin Buybacks

Pump.fun’s Revenue Performance

Established in 2024, Pump.fun enables users to create memecoins through an easy-to-use interface. The platform generates its revenue from coin creation fees, liquidity contributions, and trading volumes. While its daily income exceeded $6.7 million in January, it experienced a sharp decline in subsequent months, dipping to $206,000 per day by August 1.

Since the end of August, Pump.fun’s revenue has shown a recovery, reaching its highest level since February 13. The latest daily figure of $3.38 million indicates a resurgence in the platform’s performance. However, in terms of the 7-day and 30-day average revenues, Hyperliquid still remains ahead.

PUMP Coin Buybacks

Pump.fun has been conducting a buyback program since July, amassing PUMP coins worth $97.4 million to date, equivalent to 6.67% of the total circulating supply. The platform directs all daily revenues toward purchasing PUMP coins, a decision made in July to increase the allocation from 25% to 100%.

According to CoinMarketCap, the price of PUMP has surged by 53.9% since the buyback initiative began. Currently, the altcoin trades at $0.008354. The direct correlation between the buyback policy and the platform’s revenue makes the financial health of the platform an important metric for stakeholders.

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