What changed
- Tether earned the most revenue of any protocol over 30 days: $522.4M.
Revenue over 30 days
USD
Top earners
Sorted by 30-day revenue.
| Protocol | Category | Revenue 30d | Revenue 24h | Fees 30d |
|---|---|---|---|---|
| Tether | Stablecoin Issuer | $522.4M | $17.0M | $522.4M |
| Circle USDC | Stablecoin Issuer | $209.0M | $6.7M | $209.0M |
| Papertrade | Derivatives | $67.9M | $2.0M | $67.9M |
| Hyperliquid Perps | Derivatives | $64.1M | $4.7M | $80.9M |
| pump.fun | Launchpad | $44.8M | $1.2M | $61.9M |
| Collector Crypt | Physical TCG | $18.6M | $195K | $18.6M |
| Grayscale | RWA | $17.7M | $573K | $17.7M |
| Polymarket International | Prediction Market | $15.9M | $408K | $32.4M |
| PumpSwap | Dexs | $14.0M | $325K | $105.9M |
| Axiom | Trading App | $13.4M | $297K | $28.3M |
How this is measured
Fees are what users pay a protocol; revenue is the part the protocol or its token holders keep. Figures come from DeFiLlama. Blockchains themselves are left out so applications can be compared.
Source: DeFiLlama fees and revenue. Data as of 30 Oct 2026, 00:00 UTC.
Why it matters
Revenue is the closest thing crypto has to earnings. Comparing it with a token's market value shows how much of the price rests on business today.
Use this chart
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Sources & notes
- DeFiLlama fees and revenue, read through the Fexr API at 30 Oct 2026, 00:00 UTC.
- Market data, not investment advice. Positions and rates change minute to minute.
- How Fexr reports · Weekly editions