Pump.fun records $1.98 million in 24-hour protocol revenue

Solana-based meme coin issuance platform Pump.fun recorded $1.98 million in protocol revenue over a 24-hour period, surpassing Hyperliquid's $1.96 million. According to DefiLlama data, Pump.fun ranked third in 24-hour protocol revenue, following Tether at $17.28 million and Circle at $6.88 million.

DefiLlama notes that protocol revenue should be distinguished from total trading volume and user fees. The reported figures represent specific revenue items, such as platform portions of bonding curve trading fees and graduation fees, rather than total transaction amounts or net accounting profit.

Additionally, DefiLlama has integrated prediction markets from Trueo into its data pages. These markets allow users to trade positions on various outcomes, such as whether specific protocols like Hyperliquid or Uniswap will exceed certain monthly revenue thresholds or experience hacking incidents. For instance, a market regarding Hyperliquid's October revenue exceeding $60 million showed a 'YES' quote of 82.7%. DefiLlama emphasizes that these quotes reflect market sentiment from Trueo rather than objective probabilities or official forecasts.