Solana Meme Coin Platform Pumpdotfun Surpasses Hyperliquid in Daily Protocol Revenue

HKAN | Sep 17

 

Pumpdotfun Overtakes Hyperliquid

Solana’s meme coin ecosystem continues to make headlines as Pumpdotfun, a Solana-based meme coin platform, has reportedly surpassed Hyperliquid in daily protocol revenue. The milestone underscores the rapid growth and monetization potential of meme-focused decentralized finance (DeFi) applications.

Growth Driven by User Engagement and DeFi Activity

Pumpdotfun’s success is attributed to its high user engagement, frequent meme coin launches, and innovative yield generation strategies that attract both retail investors and crypto enthusiasts. Daily trading volumes and protocol fees have propelled the platform ahead of Hyperliquid, one of Solana’s earlier DeFi revenue leaders.

Significance for the Solana Ecosystem

This development demonstrates the viability of meme coin-centric platforms on Solana, attracting liquidity, trading activity, and broader attention to the Solana ecosystem. Analysts note that platforms like Pumpdotfun are redefining DeFi revenue models by combining meme culture with blockchain finance.

Looking Ahead

With its recent revenue milestone, Pumpdotfun is poised to expand further, potentially integrating more tokenized assets, staking rewards, and gamified DeFi products. The platform’s growth signals a trend where community-driven, meme-oriented projects can compete with established DeFi protocols in profitability and user adoption.