ranked by
Revenue (24h)
$40.29m$1.241b
+2.78%
| 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 | $17.55m | $120.61m | $496.86m | |
| Stablecoin Issuer | USDC: All yields from USDC backing cash-equivalent assets, and US Treasury Bills collected by Circle. CCTP: All the fees are revenue | $7.35m | $49.82m | $203.13m | |
| 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 | $1.96m | $12.91m | $52.85m | |
| 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 | $1.86m | $16.08m | $58.27m | |
| 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 | $11.03m | $48.41m | |
| 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 | $999,349 | $7.69m | $30.44m | |
| Trading App | Wallet: FOMO's share of trading fees: USDC collected on native Solana swaps plus Relay platform fees. Referral fees are excluded. Perps: Builder code revenue from Hyperliquid Perps Trades | $781,362 | $5.03m | $31.72m | |
| Launchpad | Same as fees. Platform fees accrue on the curve, creator fees and locked-position fees are claimed into the treasury | $779,116 | $7.95m | $22.66m | |
| Chain | Amount of TRX fees were burned | $701,508 | $5.26m | $24.06m | |
| RWA | All the fees are revenue | $617,845 | $4.28m | $17.62m | |
| Trading App | 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) | $604,041 | $5.66m | $43.53m | |
| Physical TCG | Revenue from gacha sales (on-chain and fiat/credit-card) + marketplace fees/royalties, net of gacha pack buybacks | $553,539 | $3.51m | $10.7m | |
| CDP | Lending: Fees collected minus savings rate paid to DSR depositors. Money: Yields are collected by curators | $453,098 | $3.19m | $13.47m | |
| Lending | All yields from USD1 backing assets investments (Fidelity money market funds) collected by World Liberty Financial | $415,779 | $2.85m | $11.49m | |
| Prediction Market | Fees going to protocol address post maker rebate, taker rebate, referral reward, liquidity and holding rewards distribution | $399,497 | $2.59m | $14.88m | |
| 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 | $378,781 | $2.96m | $16.13m | |
| 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 | $305,291 | $2.17m | $9.03m | |
| Wallets | Wallet: Fees collected by Phantom. Perps: Builder Code Fees collected by Phantom from Hyperliquid Perps as Frontend Fees | $304,007 | $2.1m | $8.3m | |
| Dexs | V1, Slipstream: veAERO holders' share of swap fees, equal to HoldersRevenue (Aerodrome's zero-leak model routes all protocol revenue to voters). Aero Lite: Zero: no Voter/veAERO gauge system is deployed on Arc yet, so no fees are redirected away from LPs | $275,447 | $1.92m | $14.36m | |
| 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 | $268,059 | $2.31m | $6.78m | |
| 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 | $248,915.77 | $2.18m | $4.29m | |
| Stablecoin Issuer | All yields from RLUSD backing assets (U.S. Treasury bills and government money-market funds) collected by Standard Custody & Trust Company (Ripple) | $241,778 | $1.66m | $6.76m | |
| 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 | $239,459 | $2.54m | $25.52m |