Pump.fun surpasses Hyperliquid in 7-day revenue as memecoin launchpad hits $10M weekly fees for first time
Pump.fun, a Solana-based memecoin launchpad, generated over $10M in weekly fees for the first time, surpassing Hyperliquid in 7-day revenue. It ranked third in 7-day revenue, behind Tether and Circle, with $12M as of mid-August. Pump.fun's 30-day revenue was $35.67M, compared to Hyperliquid's $32.46M. The platform's revenue comes from bonding-curve trades and PumpSwap, with half used for PUMP token buybacks and burns.
How this was made
The 30-second read
Why it matters
The $10M weekly fee milestone signals strong user activity and could drive token price via its buyback‑burn mechanism.
Market read
New revenue data positions Pump.fun as a leading fee‑generating protocol in DeFi, potentially influencing token valuations.
What to watch
Comparative TVL is low; sustainability of fee growth depends on user retention.
Background
Pump.fun is a Solana-based memecoin launchpad that generates fees from bonding-curve trades and its PumpSwap product.
Ticker impact
Pump.fun reported $10M+ weekly protocol fees for the first time, indicating strong revenue growth and token buyback pressure.
Potential short-term upside as market prices in higher fee generation.
Revenue figures are fresh, sizable for a memecoin launchpad, and directly tied to token economics.
Market effects
Highlights growing revenue potential for Solana-based DeFi launchpads.
May attract more retail traders to Solana ecosystem.
Shows rising importance of memecoin launchpads in broader crypto market.
Counterpoint
Revenue spikes could be temporary; high volatility may lead to rapid pullback.
Key entities
- protocolPump.fun
Solana memecoin launchpad
