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.
Cryptocurrency markets rallied strongly this week, with Bitcoin climbing over 20% to nearly $80,000, driven by ETF inflows, improved liquidity, and a risk-on sentiment. Altcoins also performed well, especially Ethena (ENA) which surged over 100%, and...
The Official Trump (TRUMP) cryptocurrency surged 28.6% to $2.35, driven by speculation about new political endorsements and increased trading volume. This sharp rise highlights how political sentiment can rapidly influence crypto prices. Meanwhile, B...
Pump.fun's price rally was supported by Jupiter accumulating 1.6 billion PUMP tokens worth $5 million and strong protocol-funded buybacks fueled by rising revenue. Jupiter's wallet became the 35th largest holder, steadily buying and reducing tokens a...
Ethena (ENA) surged 27.3% to $0.1211, leading the market gainers as decentralized finance (DeFi) platforms gain traction. The rise highlights growing investor interest in innovative DeFi projects offering synthetic assets. Other notable movers includ...
A trader opened a $6 million 10x leveraged long position on Pump.fun (PUMP), signaling strong bullish confidence as the token rose 8.51% in 24 hours to around $0.003017. The position’s liquidation price is set at $0.002852, making this level critical...
