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Pump.fun hits $10M weekly fees, surpassing Hyperliquid in DeFi revenue race

Protocol Fundamentals
24 Aug 2026
Crypto Briefing
View Source
Bullish
Pump.fun hits $10M weekly fees, surpassing Hyperliquid in DeFi revenue race

Pump.fun, a Solana-based memecoin launchpad, generated over $10 million in protocol fees during the week of August 3-9, 2026, marking its first time crossing this milestone. This weekly revenue of about $12 million places Pump.fun third among all DeFi protocols, surpassing Hyperliquid's revenue in the same period. Over 30 days in August, Pump.fun earned $35.67 million compared to Hyperliquid's $32.46 million, driven by high-frequency retail trading and a deflationary token buyback and burn mechanism. Despite Hyperliquid's larger total value locked, Pump.fun's model links revenue directly to token value, making its fee performance significant for investors.

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