ranked by
Revenue (24h)
$33.36m$985.28m
+1.90%
| 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 | $16.46m | $114.44m | $482.77m | |
| Stablecoin Issuer | USDC: All yields from USDC backing cash-equivalent assets, and US Treasury Bills collected by Circle. CCTP: All the fees are revenue | $6.64m | $46.14m | $193.72m | |
| Chain | All the collected fees (traffic purchase, preapproval burn, preapproval renew burn, setup burn, dust expire, holding fee, sender change fees) are burnt | $1.72m | $12.59m | $55.56m | |
| 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 | $1.42m | $8.64m | $30.86m | |
| 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 | $1.37m | $7.29m | $37.46m | |
| Chain | Amount of TRX fees were burned | $1.02m | $5.84m | $26.24m | |
| RWA | All the fees are revenue | $479,788 | $3.4m | $14.24m | |
| CDP | Fees collected minus savings rate paid to DSR depositors | $462,995 | $3.3m | $13.74m | |
| Prediction Market | Fees going to protocol address post maker rebate, taker rebate, referral reward, liquidity and holding rewards distribution | $461,356 | $3.15m | $21m | |
| 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 | $442,302 | $1.9m | $7.03m | |
| 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 | $434,754 | $1.01m | $3.68m | |
| Lending | All yields from USD1 backing assets investments (Fidelity money market funds) collected by World Liberty Financial | $364,574 | $2.56m | $11.42m | |
| Physical TCG | Revenue from gacha sales (on-chain and fiat/credit-card) + marketplace fees/royalties, net of gacha pack buybacks | $300,050 | $2.51m | $10.48m | |
| 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 | $283,213 | $2m | $8.67m | |
| Trading App | Wallet: All fees are collected by fomo app. Perps: Builder code revenue from Hyperliquid Perps Trades | $282,745 | $1.91m | $6.43m | |
| 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) | $241,388 | $1.15m | $5.74m | |
| Dexs | veAERO holders' share of swap fees, equal to HoldersRevenue (Aerodrome's zero-leak model routes all protocol revenue to voters) | $213,277 | $956,094 | $4.38m | |
| Wallets | Wallet: Fees collected by Phantom. Perps: Builder Code Fees collected by Phantom from Hyperliquid Perps as Frontend Fees | $198,055 | $1.38m | $7.19m | |
| Gamified Mining | MineBean: All extracted fees (admin + vault) are protocol revenue. MinePea: All extracted fees: the sum of protocol revenue (admin fees) and holders revenue (vault fees) | $194,434 | $4.04m | $4.21m | |
| Interface | Half of the fees goes to the protocol and rest to hyperliquid | $167,637 | $771,164 | $3.05m | |
| Coins Tracker | All fees collected by Dexscreener | $154,222 | $1.03m | $4.4m | |
| Stablecoin Issuer | All yields from RLUSD backing assets (U.S. Treasury bills and government money-market funds) collected by Standard Custody & Trust Company (Ripple) | $149,009 | $1.04m | $4.3m | |
| DEX Aggregator | Aggregator: Jupiter platform fees from Ultra aggregation service. Perpetual Exchange: 25% of total fees goes to protocol treasury and JUP holders. Ape Jupiter: All fees collected by protocol. Staked SOL: Includes withdrawal fees and management fees collected by fee collector. DCA: All fees collected by protocol and JUP token holders. Studio: Fees collected by Jup Studio. Lend: Amount of interest share to Jupiter and JUP token holders. Prediction: Jupiter doesnt keep any fees as of now, all the fees goes to kalshi. Limit: All fees collected by Jupiter from limit order executions. Offerbook: The protocol's share: the repayment fee (10% of interest) it takes from borrow interest, plus all loan origination fees (25% of interest) and collateral claim fees (0.1% of collateral, excluding NFT/RWA). Lend DEX: Jupiter's share of the protocol cut: fees x (revenue_cut/1e6) x 50% | $146,645.95 | $880,930.37 | $4.28m |