Hyperliquid Continues to Dominate DeFi Revenue Rankings

[nihalsari]

Hyperliquid remains the highest-earning decentralized application in crypto, generating approximately $55 million in revenue over the past 30 days. The platform outpaced competitors such as Pump and Polymarket, reinforcing its position as one of the most profitable projects in decentralized finance.

Weekly perpetual futures volume has consistently remained above $35 billion for two consecutive months, highlighting strong user engagement despite softer activity across much of the broader DeFi market. The protocol’s revenue-sharing model and transparent on-chain infrastructure continue to attract traders seeking alternatives to traditional centralized exchanges.

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hyperliquid's revenue figures are notable

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because they reflect actual platform usage rather than purely token price appreciation. sustainable protocol revenue is often viewed as a stronger fundamental indicator than market capitalization alone