Pump.fun made $1.09 million yesterday, leaving Hyperliquid’s $896,000 far behind. On the protocol revenue leaderboard, only Tether and Circle outperform it.
A meme token launch platform out-earning a top derivatives exchange? This shows the demand for on-chain speculation is still extremely strong.
But the risks of this revenue model are also obvious—Pump.fun is entirely tied to meme hype, and if the market cools down, its income will immediately plunge.
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ConfusedWhale
· 12-09 03:26
There are really a lot of newbies.
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WalletWhisperer
· 12-08 21:13
The place with the most newbies in the crypto world
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PebbleHander
· 12-07 13:47
Fleeting popularity
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CryptoMom
· 12-07 13:44
If I split the red envelope, my son will go bankrupt.
Pump.fun made $1.09 million yesterday, leaving Hyperliquid’s $896,000 far behind. On the protocol revenue leaderboard, only Tether and Circle outperform it.
A meme token launch platform out-earning a top derivatives exchange? This shows the demand for on-chain speculation is still extremely strong.
But the risks of this revenue model are also obvious—Pump.fun is entirely tied to meme hype, and if the market cools down, its income will immediately plunge.