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HYPER
$0.0479-10.63%
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PUMP
$0.003544-1.93%
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TRX
$0.3180.03%
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ETH
$2,047.38-3.87%
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SOL
$83.11-4.12%

onchain protocols generated a combined $97.7M in revenue during the first week of this month a few things to note) (i) hyperliquid led the ranking with $19.8M, contributing more than 20% of total onchain revenue (ii) pump generated $8.7M, beating tron ($6.0M), ethereum ($5.9M) and solana ($5.4M) (iii) revenue is increasingly coming from specialised L1s and application-level platforms, not just the traditional gas fees generated by major layer 1s. pump generating more revenue than ethereum and solana in a single week is particularly interesting. it shows how much activity and fee generation can concentrate around a single application

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