Pump.fun Surpasses Hyperliquid in Daily Revenue Amidst Memecoin Surge
The memecoin launchpad Pump.fun has overtaken futures exchange Hyperliquid in daily protocol revenue, despite a longer-term revenue lead for Hyperliquid.
The memecoin launchpad Pump.fun has overtaken futures exchange Hyperliquid in daily protocol revenue, despite a longer-term revenue lead for Hyperliquid. Hyperliquid (HYPE) is trading at ₹7,285 ($76.65), up 0.4% since this brief published. This is an original Token Times brief based on reporting by The Cryptonomist, with live market data added, as of Sun, 25 Oct 2026 00:15:01 UTC.
This revenue shift highlights the growing influence of memecoin platforms and their ability to generate significant short-term revenue, potentially impacting investor sentiment and market dynamics in the DeFi space.
- Pump.fun generated $1.98M in daily revenue, slightly surpassing Hyperliquid's $1.96M.
- Hyperliquid maintains a seven-day revenue lead despite the daily dip.
- Hyperliquid's TVL stands at $1.74B, showing a 1.5% weekly decline.
- Pump.fun Integrates Hyperliquid for Memecoin Derivatives Trading
- Solana's Real-World Asset Surge Drives $193M in Monthly App Revenue
- Pump.fun Integrates Hyperliquid Perpetuals with Up to 0.10% Fees
- Pump.fun Expands into Hyperliquid-Powered Perpetual Futures Trading
- Pump.fun Faces 79% Token Dropout, Signaling Memecoin Fatigue
- Hyperliquid's HYPE Token Leads Grayscale Yield Rankings Amidst Market Volatility
- Pump.fun Surpasses Hyperliquid in Daily Revenue Amidst Memecoin Surge — this brief
Pump.fun, a platform focused on launching memecoins, has surpassed 
Hyperliquid in daily protocol revenue, collecting $1.98 million compared to Hyperliquid's $1.96 million in a 24-hour period.
Despite this daily overtake, Hyperliquid continues to lead in seven-day revenue, suggesting its overall performance remains strong. Hyperliquid's TVL, as reported by DeFiLlama, is $1.74 billion, showing a 1.5% decline over the past week.
The broader market context shows a relatively flat trading day, with the total crypto market cap at $2.76 trillion and 
Bitcoin experiencing a minor 0.36% dip over the last 24 hours. The Fear & Greed index remains at 51, indicating a neutral market sentiment.
The rise of Pump.fun in daily revenue underscores the current trend of memecoin popularity and its capacity to drive significant short-term revenue. This development may influence investor behavior and platform strategies within the DeFi ecosystem.
Since this brief published about 3 hours ago, Hyperliquid (HYPE) has moved from ₹7,257.94$76.37 to ₹7,284.55$76.65 — +0.37%.
The chart plots HYPE's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 HYPE ≈ ₹7,932.89 (about $76.65), down 0.3% over 24 hours. The rupee itself trades about 8.9% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 24, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Pump.fun Surpasses Hyperliquid in Daily Revenue Amidst Memec — questions & answers
What is the difference in daily revenue between Pump.fun and Hyperliquid?
Pump.fun's daily revenue was $1.98 million, slightly surpassing Hyperliquid's $1.96 million.
How has Hyperliquid's TVL changed over the past week?
Hyperliquid's TVL decreased by 1.5% over the past week, currently standing at $1.74 billion.
What is the current market sentiment according to the Fear & Greed index?
The Fear & Greed index is at 51, indicating a neutral market sentiment.
How much is 1 Hyperliquid worth in rupee today?
About ₹7,932.89 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $76.65. The rupee price moves with both HYPE's US-dollar price and the USDT/INR rate; use our Hyperliquid in rupee page for any amount.
Has Hyperliquid's price moved since this brief was published?
HYPE is up 0.37% since this brief first published — trading at ₹7,285 ($76.65) now versus ₹7,258 ($76.37) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from The Cryptonomist. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.