ranked by
Revenue (24h)
$32.11m$1.004b
+0.13%
| 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 | $15.91m | $111.61m | $481.99m | |
| Stablecoin Issuer | USDC: All yields from USDC backing cash-equivalent assets, and US Treasury Bills collected by Circle. CCTP: All the fees are revenue | $6.29m | $44.31m | $192.06m | |
| Chain | All the collected fees (traffic purchase, preapproval burn, preapproval renew burn, setup burn, dust expire, holding fee, sender change fees) are burnt | $1.59m | $10.87m | $50.7m | |
| 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 | $1.36m | $11.52m | $41.53m | |
| 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) | $822,679 | $6.61m | $20.64m | |
| Chain | Amount of TRX fees were burned | $565,458 | $5.98m | $26.45m | |
| 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 | $509,295 | $4.81m | $17.18m | |
| RWA | All the fees are revenue | $465,632 | $3.3m | $14.35m | |
| CDP | Fees collected minus savings rate paid to DSR depositors | $442,306 | $3.13m | $13.83m | |
| Derivatives | HLP: No revenue. Perps: 99% of fees go to Assistance Fund for buying HYPE tokens, excluding builders fees. Spot Orderbook: 99% of fees go to Assistance Fund for buying HYPE tokens, excluding unit protocol fees | $422,613 | $5.72m | $29.02m | |
| Trading App | Wallet: All fees are collected by fomo app. Perps: Builder code revenue from Hyperliquid Perps Trades | $387,450 | $2.61m | $9.71m | |
| Lending | All yields from USD1 backing assets investments (Fidelity money market funds) collected by World Liberty Financial | $345,619 | $2.43m | $10.62m | |
| Physical TCG | Revenue from gacha sales (on-chain and fiat/credit-card) + marketplace fees/royalties, net of gacha pack buybacks | $327,192 | $3.13m | $12.05m | |
| Prediction Market | Fees going to protocol address post maker rebate, taker rebate, referral reward, liquidity and holding rewards distribution | $306,563 | $4.13m | $16.47m | |
| 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 | $283,523 | $2.01m | $8.55m | |
| Dexs | AMM: All revenue generated comes from user fees. StableSwap: Half of the swap fees (the pool admin fee); the other half stays with liquidity providers. AMM V3: Pancakeswap collects amount of swap fees for Treasury and buy back CAKE. Infinity: Share of swap fees to protocol and holders. Prediction: All of the fee is kept. Winners are paid out of the losing stakes, so there are no liquidity providers or market makers taking a share. Lottery: 20% of the lottery amount goes to CAKE buy-back and burn | $279,296.66 | $1.27m | $4.07m | |
| Launchpad | Fees kept by Flap from bonding-curve trades | $205,588 | $748,815 | $5.44m | |
| 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 | $196,778 | $1.38m | $5.6m | |
| Launchpad | Trading Terminal: All trading fees are revenue. o1 Launchpad: The platform share of swap fees plus token-launch fees received by the protocol | $163,850 | $166,721 | $371,151 | |
| Stablecoin Issuer | All yields from RLUSD backing assets (U.S. Treasury bills and government money-market funds) collected by Standard Custody & Trust Company (Ripple) | $156,638 | $1.03m | $4.34m | |
| Lending | V2, V3: Amount of fees go to Aave treasury. V4: Protocol share of borrow interest plus protocol share of liquidation bonuses | $145,564 | $982,718 | $4.03m | |
| Wallets | Wallet: Fees collected by Phantom. Perps: Builder Code Fees collected by Phantom from Hyperliquid Perps as Frontend Fees | $131,258 | $1.31m | $5.83m | |
| Launchpad | All fees are collected by Binance | $127,340 | $413,661 | $1.12m |