Young DeFi Applications Distribute Over $96 Million to Token Holders
- Hyperliquid generated $50.95 million in revenue, all returned to token holders.
- Pump.fun returned $22.09 million to holders from a total revenue of $38.81 million.
- EdgeX distributed $23.26 million from $8.26 million in protocol revenue, indicating reliance on reserves.
- Annualized revenues show Hyperliquid at $945.87 million, Pump.fun at $481.15 million, and EdgeX at $236.42 million.
- Other protocols like Chainlink and Uniswap returned significantly lower amounts, with Chainlink at $4.63 million.
The focus in the crypto community is shifting towards actual earnings rather than transaction volumes or network growth metrics, as evidenced by these distributions from DeFi applications.
In total, three young DeFi apps have collectively returned over $96 million to token holders within a month, highlighting the growing emphasis on real revenue generation in the sector.(Source)
