The cryptocurrency projects that generated the highest revenue in the last 30 days have been announced. According to the data, stablecoin issuers, layer-1 blockchains, and derivatives trading platforms showed a significant advantage in terms of revenue. While some projects saw a decrease in revenue, a limited number of protocols stood out with strong increases.
Here are the cryptocurrency protocols that generated the most revenue in the last 30 days, and the change in their revenue compared to the previous month:
- Tether (USDT) – $435.4 million (-1.5%)
- Circle (USDC) – $208.6 million (-2.2%)
- Tron (TRX) – $203.6 million (-4.0%)
- Hyperliquid (HYPE) – $61.1 million (-33.9%)
- Sky (SKY) – $25.3 million (+86.0%)
- pump.fun (PUMP) – $22.6 million (-13.5%)
- PancakeSwap (CAKE) – $20.8 million (-34.3%)
- Ethereum (ENA) – $20.0 million (-33.1%)
- Axiom Trade – $18.2 million (-11.7%)
- Phantom – $9.1 million (-20.3%)
- Aave (AAVE) – $8.7 million (-32.3%)
- Aethir (ATH) – $7.2 million (-13.3%)
- Aerodrome (AERO) – $6.8 million (-39.4%)
- Lido Finance (LDO) – $5.9 million (-14.6%)
- Chainlink (LINK) – $4.7 million (+6.4%)
The data shows that stablecoin models based on interest-bearing reserves (Tether, Circle) maintain their lead in revenue generation. Layer-1 networks with high transaction volumes, such as Tron, are strongly positioned, while Hyperliquid and some DEXs are experiencing revenue declines.
*This is not investment advice.


