ranked by
Revenue (24h)
$34.06m$995.69m
-0.65%
| 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 | $16.07m | $111.6m | $482.22m | |
| Stablecoin Issuer | USDC: All yields from USDC backing cash-equivalent assets, and US Treasury Bills collected by Circle. CCTP: All the fees are revenue | $6.33m | $44.14m | $192.82m | |
| Chain | All the collected fees (traffic purchase, preapproval burn, preapproval renew burn, setup burn, dust expire, holding fee, sender change fees) are burnt | $1.42m | $11.55m | $54.67m | |
| 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 | $1.33m | $9.37m | $32.84m | |
| Services | All the LINK tokens transferred from the PaymentAbstractionLayer to the Reserve and Staking Rewards contracts | $1.15m | $1.15m | $5.74m | |
| Chain | Amount of TRX fees were burned | $1.03m | $6.92m | $27.27m | |
| 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 | $963,094 | $7.13m | $33.94m | |
| Trading App | Wallet: All fees are collected by fomo app. Perps: Builder code revenue from Hyperliquid Perps Trades | $550,467 | $2.52m | $8.1m | |
| 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 | $548,516 | $4m | $13.7m | |
| RWA | All the fees are revenue | $478,578 | $3.33m | $14.39m | |
| CDP | Fees collected minus savings rate paid to DSR depositors | $451,425 | $3.25m | $13.93m | |
| Prediction Market | Fees going to protocol address post maker rebate, taker rebate, referral reward, liquidity and holding rewards distribution | $447,491 | $3.85m | $19.7m | |
| Lending | All yields from USD1 backing assets investments (Fidelity money market funds) collected by World Liberty Financial | $346,706 | $2.41m | $10.95m | |
| 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) | $345,271 | $3.73m | $7.46m | |
| 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 | $331,343 | $1.66m | $4.87m | |
| 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 | $283,423 | $1.95m | $8.61m | |
| Physical TCG | Revenue from gacha sales (on-chain and fiat/credit-card) + marketplace fees/royalties, net of gacha pack buybacks | $226,874 | $2.89m | $11.84m | |
| Wallets | Wallet: Fees collected by Phantom. Perps: Builder Code Fees collected by Phantom from Hyperliquid Perps as Frontend Fees | $201,324 | $1.39m | $6.08m | |
| Interface | Half of the fees goes to the protocol and rest to hyperliquid | $154,440 | $934,217 | $3.64m | |
| 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 the fee is kept as revenue. Lottery: 20% of the lottery amount goes to CAKE buy-back and burn | $152,089.48 | $1.43m | $3.02m | |
| Stablecoin Issuer | All yields from RLUSD backing assets (U.S. Treasury bills and government money-market funds) collected by Standard Custody & Trust Company (Ripple) | $146,642 | $975,150 | $4.28m | |
| Lending | V2, V3: Amount of fees go to Aave treasury. V4: Protocol share of borrow interest plus protocol share of liquidation bonuses | $138,501 | $940,357 | $3.88m | |
| Physical TCG | Revenue from nfts sales + marketplace fees/royalties | $134,656 | $925,157 | $2.8m |