DeFi Revenue Sharing Reaches New Milestone as Three Apps Distribute $96M
What happened: Hyperliquid, EdgeX, and Pump.
What happened: Hyperliquid, EdgeX, and Pump.fun collectively returned $96.3 million to token holders over 30 days, marking a significant shift toward revenue-sharing models in DeFi. Hyperliquid led with $50.95 million distributed from organic fees, while Pump.fun returned $22.09 million and EdgeX distributed $23.26 million. The combined annualized distribution rate exceeds $1.6 billion across the three protocols.
Why it matters: This represents a fundamental pivot from transaction volume metrics to actual earnings distribution, suggesting maturing tokenomics in DeFi. However, sustainability varies significantly—Hyperliquid generates 100% of distributions from fees, while EdgeX distributes more than it earns by drawing from reserves. The trend indicates growing investor focus on real yield rather than speculative token appreciation.
Source: Cointelegraph