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Pump.fun Surpasses Hyperliquid in Daily Revenue Amidst Memecoin Surge

Pump.fun's daily revenue has exceeded that of futures exchange Hyperliquid, highlighting the growing influence of memecoin platforms.

Pump.fun's daily revenue has exceeded that of futures exchange Hyperliquid, highlighting the growing influence of memecoin platforms. Hyperliquid (HYPE) is trading at $76.52. This is an original TLT brief based on reporting by The Cryptonomist, with live market data added, as of Sun, 25 Oct 2026 01:15:02 UTC.

Why it matters

This development underscores the rising prominence of memecoin ecosystems in the crypto market, challenging traditional platforms in revenue generation.

Key takeaways
  • Pump.fun's daily revenue reached $1.98M, surpassing Hyperliquid's $1.96M.
  • Hyperliquid maintains a seven-day revenue lead despite the daily dip.
  • The shift highlights memecoin platforms' growing revenue potential.

Pump.fun, a memecoin launchpad, has surpassed Hyperliquid, a futures exchange, in daily protocol revenue, collecting $1.98 million compared to Hyperliquid's $1.96 million over a 24-hour period. This shift highlights the growing influence of memecoin platforms in the crypto market.

Despite Pump.fun's daily revenue lead, Hyperliquid continues to hold its position in the seven-day revenue comparison, suggesting a fluctuating competitive landscape. The data indicates that while Pump.fun is gaining momentum, Hyperliquid remains a strong contender in the longer term.

The development comes amidst a relatively flat overall crypto market, with Bitcoin showing a slight 0.38% decline over the past 24 hours. The Fear & Greed Index remains in the 'Neutral' zone at 54, reflecting a cautious market sentiment.

Hyperliquid's Total Value Locked (TVL) stands at $1.74 billion, according to DeFiLlama, marking a 1.5% decrease over the past week. Meanwhile, Pump.fun's market cap is $1.99 billion, with its token price at $0.00430566, showing a modest 0.63% increase in the last 24 hours.

Market reaction since this brief Live

Since this brief published about 4 hours ago, Hyperliquid (HYPE) has moved from $76.58 to $76.52 — -0.08%.

$76.51$76.53$76.55$76.57$76.59 published · $76.58 now · $76.52 (-0.08%) Oct 24 21:18 UTC Oct 25 01:15 UTC
BeforeSince publishPublished · $76.58
CoinAt publishNowSince publish
HYPE$76.58$76.52-0.08%
PUMP$0.004306$0.004312+0.15%

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 TLT'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.

What this means in naira

At today's peer-to-peer rate, 1 HYPE ≈ ₦105,578.47 (about $76.52), down 0.1% over 24 hours. The naira itself trades about 4.1% above the official rate on the P2P market, so a Nigerian 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.

$76.52 ▼ 0.12%
-0.08% since this brief published
7d -1.65%MCap $17.02BFull HYPE data →
#50
$0.004312 ▲ 1.63%
+0.15% since this brief published
7d -0.48%MCap $1.99BFull PUMP data →
The market when this published · October 24, 2026
Total market cap$2.77T
Bitcoin 24h-0.38%
Ethereum 24h-1.24%
BTC dominance58.6%
Fear & Greed54 · Neutral
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · October 25, 2026.

Hyperliquid TVL$1.74B-1.1% 7dDeFiLlama ↗
Bitcoin DeFi TVL$4.31BDeFiLlama ↗

TLT 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 Pump.fun's daily revenue compared to Hyperliquid's?

Pump.fun's daily revenue is $1.98 million, surpassing Hyperliquid's $1.96 million.

How does Hyperliquid's seven-day revenue compare to Pump.fun's?

Hyperliquid maintains a seven-day revenue lead over Pump.fun.

What is the current market cap of Pump.fun and Hyperliquid?

Pump.fun's market cap is $1.99 billion, while Hyperliquid's is $17.03 billion.

How much is 1 Hyperliquid worth in naira today?

About ₦105,578.47 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $76.52. The naira price moves with both HYPE's US-dollar price and the USDT/NGN rate; use our Hyperliquid in naira page for any amount.

Has Hyperliquid's price moved since this brief was published?

HYPE is down 0.08% since this brief first published — trading at $76.52 now versus $76.58 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.

Which outlets reported this story?

This is an original TLT 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.

TLT Newsdesk Data-stamped

TLT's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · October 25, 2026 ⛓ Timestamped at Bitcoin block #972,994 sha256:1de59a5c4ac51ba6
Based on reporting by The Cryptonomist — this is an original TLT summary with live market data, not the original article.The Cryptonomist · Oct 24 21:18 ↗

Original summary — not financial advice. This is an original TLT 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.