ranked by
Revenue (24h)
$39.03m$1.225b
-5.98%
| Name | Category | Definition | |||
|---|---|---|---|---|---|
| Stablecoin Issuer | Asset yields from USDT backing investments (US Treasury Bills and other fixed-income assets like repos, commercial paper, money market funds and secured loans) collected by Tether | $17.04m | $118.72m | $488.83m | |
| Stablecoin Issuer | USDC: All yields from USDC backing cash-equivalent assets, and US Treasury Bills collected by Circle. CCTP: All the fees are revenue | $6.97m | $48.34m | $198.95m | |
| Chain | All the collected fees (traffic purchase, preapproval burn, preapproval renew burn, setup burn, dust expire, holding fee, sender change fees) are burnt | $1.7m | $11.2m | $50.33m | |
| Launchpad | pump.fun: Pump's slice of the bonding-curve trade fee plus graduation fees and Mayhem-mode fees. Swap: Revenue kept by the protocol, which is the 0.05% protocol fee from each trade. Terminal: Trading terminal fees retained by Pump.fun after cashback/referral payouts. pump.fun Mobile App: Pump's protocol slice of bonding-curve fees plus the PumpSwap protocol fee on app trades | $1.7m | $11.49m | $54.75m | |
| Derivatives | HLP: No revenue. Perps: 99% of fees go to Assistance Fund for buying HYPE tokens, excluding builders fees. Spot Orderbook: 97% of spot trading fees before 30 Aug 2025 and 99% thereafter go to Assistance Fund for buying HYPE tokens, excluding unit protocol fees; HYPE paid in successful HIP-1 token-deployment auctions is burned | $1.51m | $14.39m | $62.5m | |
| Trading App | Axiom: Revenue is fees retained by Axiom after deducting referral and cashback payouts. Axiom Perps: Builder Code Fees collected by Axiom from Hyperliquid Perps | $963,682 | $7.04m | $29.12m | |
| Launchpad | Same as fees. Platform fees accrue on the curve, creator fees and locked-position fees are claimed into the treasury | $883,059 | $4.85m | $13.91m | |
| Telegram Bot | Trading fees retained by GMGN after referral commissions. Solana referral is measured on-chain; EVM referral is estimated at the measured Solana referral rate (~16% of fees) | $823,411 | $7.34m | $43.35m | |
| Chain | Amount of TRX fees were burned | $617,464 | $5.77m | $24.15m | |
| RWA | All the fees are revenue | $595,074 | $4m | $17.4m | |
| Trading App | Wallet: FOMO's share of trading fees: USDC collected on Solana plus Relay platform fees. Referral fees are excluded. Relay (EVM) fees are counted on Solana. Perps: Builder code revenue from Hyperliquid Perps Trades | $565,710 | $5.44m | $29.53m | |
| Prediction Market | Fees going to protocol address post maker rebate, taker rebate, referral reward, liquidity and holding rewards distribution | $472,971 | $3.3m | $16.29m | |
| Launchpad | V1: Part of swap fees retained by the protocol (exact fee share extracted from the protocolFeeShare function, only pools with at least $200 in TVL are included) and all the launch fees (0.0005 $ETH per token launched). V2: Includes all the launch fees and part of swap fees | $458,078 | $4.39m | $24.33m | |
| CDP | Lending: Fees collected minus savings rate paid to DSR depositors. Money: Yields are collected by curators | $457,949 | $3.16m | $13.48m | |
| Lending | All yields from USD1 backing assets investments (Fidelity money market funds) collected by World Liberty Financial | $401,659 | $2.79m | $11.12m | |
| Stablecoin Issuer | Gold: All the fees go to the protocol. Stablecoin Issuer: All the yields from Paypal USD and Binance USD backing are revenue for Paxos | $308,820 | $2.15m | $8.91m | |
| Physical TCG | Revenue from gacha sales (on-chain and fiat/credit-card) + marketplace fees/royalties, net of gacha pack buybacks | $300,516 | $2.66m | $9.27m | |
| Dexs | AMM: Protocol's total revenue, derived from Treasury allocations and RAY buybacks. LaunchLab: Raydium's protocol fee only. Platform and creator fees are passed on to the third parties that launched the token | $269,517 | $1.74m | $5.09m | |
| Dexs | V1: Protocol makes no revenue. V2: From 28 Dec 2025, 17% (0% before) fees on Ethereum, From 8 Mar 2026, 17% (0% before) fees on Optimism, Arbitrum, Base, Zora, XLayer chains shared to buy back and burn UNI. (Tracked combined in Uniswap V3 adapter). V3: From 28 Dec 2025, a portion of fees a collected to buy back and burn UNI on Ethereum, From 8 Mar 2026, on Optimism, Arbitrum, Base, WC, Zora, XLayer, From 2 Jun 2026, on Polygon, BSC, Celo, From 27 Jul 2026, on Robinhood. V4: Fee switch enabled on 27 Jul 2026 (tracked in uniswap-v3 adapter), a part of fees collected to buy back and burn UNI | $266,164 | $3.07m | $15.81m | |
| Chain | Transaction gas fees net of Ethereum L1 execution and blob costs and the 10% Arbitrum Expansion Program fee share | $261,630 | $2.34m | $34.83m | |
| Wallets | Wallet: Fees collected by Phantom. Perps: Builder Code Fees collected by Phantom from Hyperliquid Perps as Frontend Fees | $258,615 | $1.83m | $8.57m | |
| Launchpad | Bonkswap: Fee share from swaps, used for buybacks. BONKbot: Trading fees kept by Bonk Bot after referral rewards are paid. Bonk Staked SOL: Includes withdrawal fees and management fees collected by fee collector. Launchpad: Total Letsbonk Protocol Revenue and Holders Revenue. Telemetry: Trading fees kept by Telemetry after referral or cashback rewards paid from the fee wallet | $248,721 | $1.15m | $2.41m | |
| Launchpad | All quote tokens received by the Flap fee Safe, from any sender. Includes native SafeReceived and configured ERC20 quote transfers, plus wrapped-native (e.g. WBNB) transfers from TaxProcessor fee settlement | $245,724 | $1.69m | $10.61m |