PumpFun Surpasses Hyperliquid in 24-Hour Revenue - Meme Coin Mania Outperforms DeFi Giant

PumpFun just flipped the script—and the revenue tables—leaving established DeFi player Hyperliquid in the dust over a 24-hour sprint.

Meme coins aren’t just pumping; they’re printing.

Revenue Showdown: Who’s Cashing In?

While Hyperliquid built a sophisticated perpetual swaps platform, PumpFun rode a wave of degenerate speculation and viral tokens. The result? A revenue surge that’s turning heads—and triggering trades.

It’s not about tech superiority; it’s about what’s moving the needle right now. And right now, memes move faster than futures.

PumpFun’s model leans into low-effort, high-hype launches. Hyperliquid? Still banking on leveraged positions and trading depth. One requires a meme; the other, margin. Guess which one the crowd prefers.

This isn’t a fluke—it’s a signal. When meme revenue outpaces DeFi fundamentals, even the suits start watching. Maybe it’s time to admit: in crypto, nonsense sometimes makes the most sense.

Just don’t tell the CFA holders.

Hyperliquid Shifting to Second Place

Hyperliquid, a decentralized derivative platform built on its own Layer-1 blockchain, has  gained significant interest from investors in the past few months. Its competitive features in the crypto trading domain, especially decentralized perpetuals, has led it to an accumulation of $651 million in cumulative revenue. 

Despite heightened activity on Hyperliquid, Pump.fun has surpassed it with a thin margin in revenue, driven by a sudden rise in meme coin trading activity. This occurrence highlights a notable shift in the crypto industry as users turn back to the shrinking meme coin sector. 

The surge in activity on PumpFun is also attributed to the platform’s recent buyback initiatives, which saw its token surging over 5% intraday. 

Also Read: Dogecoin Under Pressure: Price Squeezes Between Moving Averages