Pump.fun Surpasses Hyperliquid in Daily Crypto Revenue

Pump.fun, a Solana-based memecoin platform, has surpassed Hyperliquid in daily revenue, generating $1.55 million as of September 21, according to DefiLlama data.

This revenue surge underscores Pump.fun’s growing market impact, driven by innovative token buybacks and creator rewards, positioning it as a strong competitor in the crypto sector.

Pump.fun Hits $1.55M Revenue, New Market Leader Emerges

Pump.fun has gained significant traction, climbing to the third position in daily crypto revenue rankings. The Solana-based platform focuses on memecoin launches and saw its revenue hit $1.55 million recently. In comparison, Hyperliquid generated $1.47 million in the same period. This achievement follows a strategic focus on trading fees and token buybacks.

The immediate effect for Pump.fun includes an elevated market position, with creators reportedly receiving $4 million in payouts. The procedure encourages new contributors, driving wider adoption of tokenization technologies. Traders have responded positively, with some recognizing the potential undervaluation of its governance token, PUMP.

“The PUMP token is still massively undervalued at a $2.8 billion market cap compared to HYPE’s $14.4 billion market cap. Streaming service on the Pump.Fun website just starting, something bullish for the platform.” — Kaduna, Crypto Analyst, X

Community discussions on Twitter highlight a surge in token creation and innovation, noting this period as a “Cambrian explosion” of ideas.

PUMP Token Growth and Analyst Insights on Revenue Surge

Did you know? Pump.fun’s rise to third place in daily revenue rankings mirrors a historical revenue peak of $3.9 million on February 13, 2025.

Pump.fun (PUMP) has shown volatility, recently priced at $0.01 with a market cap of $2.55 billion, according to CoinMarketCap. Trading volume dipped by 9.42% from previous levels. Over the past month, PUMP’s price has spiked 157.24%, a notable increase compared to shorter timeframes. Circulation is 354 billion out of the 1 trillion maximum. The price fluctuation aligns with increased market activities seen in other DeFi protocols.

Expert analysis from the Coincu research team suggests Pump.fun’s current growth trajectory may drive further price increases for PUMP. Emphasis on token buybacks and creator incentives may sustain upward trends, while speculative trading could result in heightened volatility.