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TradingDefiLlama
Pump revenue be above Hyperliquid revenue this week?
- Activity
- 9.8K TYD
- Liquidity
- 9.7K TYD
Rules & activity
This market will resolve to “Yes” if Pump (pump.fun) total daily revenue summed over the period from October 19, 2026 - 00:00 UTC to October 26, 2026 - 00:00 UTC is greater than Hyperliquid's total daily revenue summed over the same period. Otherwise this market will resolve to “No.” For the purposes of this market: • “Revenue” is the revenue metric reported by DefiLlama for the Pump (pump.fun) protocol and the Hyperliquid protocol, respectively, summed across all days of the period (Monday-Sunday UTC week). • If the two totals are exactly equal, this market will resolve to “Draw.”
Market activity includes traded volume and minted collateral.
Quotes are in TYD; Yes and No pools are priced independently. 100% = 1 TYD.
Resolution source: • DefiLlama Hyperliquid analytics page • DefiLlama Pumpfun analytics page
Earliest possible resolution: Oct 26, 2026, 12:00 AM UTC. This is not the event deadline or a trading cutoff.
Resolution history
- CreatedOct 20, 2026, 5:19 AM UTC
Recent activity
- Market activityOct 22, 2026, 11:16 AM UTC
- Market activityOct 22, 2026, 11:16 AM UTC
- No trade · 10 TYD at 58.8%Oct 22, 2026, 11:13 AM UTC
- Yes trade · 11.16 TYD at 42%Oct 22, 2026, 11:10 AM UTC
- Market activityOct 22, 2026, 11:08 AM UTC
pump.fun$6.69mHyperliquid$6.57m
This week so far (3 of 7 days). pump.fun out-earned Hyperliquid in 2 of the last 4 weeks.
$15.16m
$18.74m
$17.86m
$14.65m
$17.17m
$14.39m
$14.66m
$16.41m
$6.69m
$6.57m
4w ago3w ago2w agoLast weekThis week
Quotes fetched just now.
Ask about Revenue · freeRevenue (24h)
Revenue (30d)$1.271b
Weekly Change-7.16%
| Name | Rights | Category | Definition | ||||
|---|---|---|---|---|---|---|---|
| $17.47m | $123.12m | $524.06m | 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 | |||
| $6.95m | $49.05m | $212.32m | Stablecoin Issuer | USDC: All yields from USDC backing cash-equivalent assets, and US Treasury Bills collected by Circle. CCTP: All the fees are revenue | |||
| $2.25m | $15.79m | $66.6m | Derivatives | HLP: No revenue. Perps: 99% of fees go to Assistance Fund for buying HYPE tokens, excluding builders fees, plus Hyperliquid's 90% share of AQAv2 stablecoin reserve yield since 27 Aug 2026. Spot Orderbook: 97% of spot trading fees before 30 Aug 2025 and 99% thereafter, after builder code fees and maker rebates, go to Assistance Fund for buying HYPE tokens, excluding unit protocol fees; HYPE paid in successful HIP-1 token-deployment auctions is burned. Outcomes: 99% of outcome fees net of builder-code fees, sent to the Assistance Fund to buy HYPE | |||
| $2.14m | $14.85m | $69.58m | Launchpad | pump.fun: Pump's slice of the bonding-curve trade fee plus graduation fees, Mayhem-mode fees and the Platform Fee. 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 | |||
| $822,473 | $5.74m | $23.85m | Chain | Amount of TRX fees were burned | |||
| $662,539 | $5.75m | $18.16m | Physical TCG | Gacha card pack sales and marketplace royalties net of gacha pack buybacks, plus the LP fees the treasury claims from the CARDS/USDC pool, all kept by the protocol | |||
| $595,737 | $4.06m | $18.08m | RWA | All the fees are revenue | |||
| $549,183 | $19.72m | $61.96m | Derivatives | All fees: half of the 2% fees to PAPER stakers, half to the dev fee recipient, and LP profits above the $5M cap to PAPER stakers | |||
| $451,119 | $3.84m | $15.17m | Prediction Market | International: Fees going to protocol address post maker rebate, taker rebate, referral reward, liquidity and holding rewards distribution. Combos: All taker fees on combo trades go to Polymarket | |||
| $450,125 | $3.13m | $13.45m | CDP | Lending: Fees collected minus savings rate paid to DSR depositors. Money: Yields are collected by curators | |||
| $446,451 | $2.69m | $15.78m | 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 | |||
| $397,129 | $2.59m | $18.46m | 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. Spot: Builder-code fees on Hyperliquid spot trades, all kept by the builder. Outcome: Builder-code fees on Hyperliquid HIP-4 outcome trades, all kept by the builder | |||
| $379,062 | $2.69m | $12.14m | Lending | All yields from USD1 backing assets investments (Fidelity money market funds) collected by World Liberty Financial | |||
| $323,424 | $2.26m | $9.53m | 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 | |||
| $317,147 | $1.88m | $14.74m | 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) | |||
| $278,162 | $1.62m | $8.39m | 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 | |||
| $241,361 | $1.7m | $7.36m | Stablecoin Issuer | All yields from RLUSD backing assets (U.S. Treasury bills and government money-market funds) collected by Standard Custody & Trust Company (Ripple) | |||
| $210,414 | $1.27m | $4.96m | Derivatives | Perps: Protocol revenue from maker fees, taker fees, transfer fees, and withdraw fees. Liquidation fees are excluded as they go directly to LLP. Spot: Protocol revenue from maker fees, taker fees, transfer fees, and withdraw fees. Robinhood Perps: Protocol revenue from maker, taker, transfer and withdrawal fees. Liquidation fees are excluded — they go to the LLP (see SupplySideRevenue) | |||
| $201,094 | $1.4m | $7.19m | Wallets | Wallet: Fees collected by Phantom. Perps: Builder Code Fees collected by Phantom from Hyperliquid Perps as Frontend Fees. Spot: Builder-code fees on Hyperliquid spot trades, all kept by the builder. Outcome: Builder-code fees on Hyperliquid HIP-4 outcome trades, all kept by the builder | |||
| $175,848 | $985,369 | $4.68m | Derivatives | V1 EVM: Revenue is 30% of all collected fees, which goes to GMX stakers. EVM: 37% of all collected fees - split between protocol treasury (10%) and GMX token holders (27%). Solana: 99% of all collected fees since 28 September 2026 (GT Buyback Season 2), 25% from 16 January 2026, 70% before | |||
| $164,841 | $1.27m | $7.81m | 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 | |||
| $159,652 | $265,796 | $2.04m | Dexs | Curve DEX: The share of pool fees kept by the protocol rather than paid to liquidity providers - usually half of the fee - plus bribes. crvUSD: All borrow interest go to protocol treasury + veCRV holders. Curve LlamaLend: AMM admin fees collected by Curve DAO. Curve LlamaLend V2: Borrow admin fees accrued or collected by Curve DAO via per-market fee receivers | |||
| $151,223 | $1.13m | $5.05m | Lending | V2, V3: Amount of fees go to Aave treasury. V4: Protocol share of borrow interest plus protocol share of liquidation bonuses |