ranked by
Revenue (24h)
$33.44m$972.76m
-3.55%
| 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 | $6.6m | $39.5m | $187.09m | |
| Chain | All the collected fees (traffic purchase, preapproval burn, preapproval renew burn, setup burn, dust expire, holding fee, sender change fees) are burnt | $1.76m | $10.86m | $53.83m | |
| 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 | $1.51m | $5.92m | $36.08m | |
| 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 | $7.64m | $29.86m | |
| Chain | Amount of TRX fees were burned | $947,033 | $4.82m | $25.21m | |
| RWA | All the fees are revenue | $487,668 | $3.4m | $14.24m | |
| CDP | Fees collected minus savings rate paid to DSR depositors | $464,303 | $2.83m | $13.28m | |
| Prediction Market | Fees going to protocol address post maker rebate, taker rebate, referral reward, liquidity and holding rewards distribution | $417,058 | $3.13m | $20.99m | |
| Lending | All yields from USD1 backing assets investments (Fidelity money market funds) collected by World Liberty Financial | $365,295 | $2.2m | $11.05m | |
| 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) | $319,055 | $4.06m | $4.22m | |
| Trading App | Wallet: All fees are collected by fomo app. Perps: Builder code revenue from Hyperliquid Perps Trades | $308,182 | $1.64m | $6.16m | |
| 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 | $287,042 | $1.46m | $6.59m | |
| 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 | $282,471 | $1.72m | $8.38m | |
| 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) | $219,418 | $907,195 | $5.5m | |
| Wallets | Wallet: Fees collected by Phantom. Perps: Builder Code Fees collected by Phantom from Hyperliquid Perps as Frontend Fees | $202,144 | $1.35m | $7.16m | |
| Interface | Half of the fees goes to the protocol and rest to hyperliquid | $167,637 | $771,164 | $3.05m | |
| Dexs | V1, V4: 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 | $161,141 | $760,135 | $3.44m | |
| 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% | $159,668.27 | $734,336.79 | $4.14m | |
| Dexs | veAERO holders' share of swap fees, equal to HoldersRevenue (Aerodrome's zero-leak model routes all protocol revenue to voters) | $158,112 | $967,002 | $4.39m | |
| Stablecoin Issuer | All yields from RLUSD backing assets (U.S. Treasury bills and government money-market funds) collected by Standard Custody & Trust Company (Ripple) | $148,966 | $887,264 | $4.15m | |
| Gamified Mining | Team share of the protocol's cut of acquisition and settlement fees, plus any fees diverted to FWA-token buybacks | $143,703 | $1.56m | $1.6m | |
| Derivatives | The portion of trading fees kept by the protocol | $141,047 | $573,018 | $2.53m |