New data has been released showing which projects in the cryptocurrency ecosystem have generated the most revenue over the past 30 days. The figures show that stablecoin issuers and high-volume chains, in particular, top the list. Monthly revenue changes clearly reflect the volatility across the industry.
Looking at the list, giant stablecoin companies like Tether and Circle are clearly ahead. Projects like Tron, Hyperliquid, and pump.fun have also reached significant revenue levels. Here are the projects that have generated the most revenue over the past 30 days and their respective revenue amounts:
- Tether (USDT) – $440.3 million (+0.8%)
- Circle (USDC) – $216.8 million (-1.3%)
- Tron (TRX) – $214.9 million (-9.1%)
- Hyperliquid (HYPE) – $88.1 million (-19.2%)
- pump.fun (PUMP) – $32.3 million (+1.8%)
- Ethena (ENA) – $30.3 million (-50.3%)
- PancakeSwap (CAKE) – $30.0 million (-53.3%)
- Axiom Trade – $22.0 million (-15.5%)
- Aave (AAVE) – $12.7 million (-19.0%)
- Aerodrome (AERO) – $12.6 million (-35.1%)
- Phantom – $11.7 million (-16.2%)
- Aethir (ATH) – $8.5 million (-17.0%)
- Base – $8.1 million (+4.1%)
- Ethereum (ETH) – $8.0 million (-65.7%)
- Lido Finance (LDO) – $7.2 million (-18.0%)
Data shows that Ethereum, in particular, experienced a significant decline in revenue, while some networks like Base managed to increase revenue. Furthermore, the sharp decline in major ecosystems like Ethena, PancakeSwap, and Hyperliquid is also noteworthy.
*This is not investment advice.