September 17th• 3 min read
Pump.fun Overtakes Hyperliquid in Daily Revenue Battle
Pump.fun generated $3.38 million in daily revenue on September 16, marking its highest single-day performance since February and surpassing rival platform Hyperliquid for the second consecutive day.
Key takeaways
💰 Revenue Record: Pump.fun achieved $3.38 million in daily revenue, highest since February 13
🥇 Market Leadership: Platform now ranks third among all DeFi protocols, behind only Tether and Circle
💎 Supply Reduction: $97.3 million in buybacks have reduced PUMP supply by 6.67%
📈 Price Performance: PUMP gained 8% on the day, posting 69% weekly gains with $1.2B market cap surge
Deep dive
Pump.fun's revenue surge reflects the platform's successful strategy of combining aggressive token buybacks with enhanced creator incentives.
The memecoin launchpad has allocated 100% of its platform revenue to daily PUMP token repurchases since July, creating artificial scarcity that supports price appreciation.
This milestone comes as the platform distributed $4 million to content creators, driving increased user engagement and trading volume.
The revenue growth positions Pump.fun as a dominant force in the Solana ecosystem, capturing significant market share from competitors like LetsBonk while maintaining its position as the leading memecoin launchpad.
Polaris insights AI-generated
Disclaimer: This article may contain content generated or assisted by AI, based on information from public sources. While we aim for accuracy, no content should be taken as financial or trading advice. Always do your own research and consult a professional before making investment decisions. Markets are volatile and involve risk.
