Three Young DeFi Apps Return $100M in Revenue to Token Holders in 30 Days
Hyperliquid, EdgeX and Pump.fun distributed $96.3 million to token holders in 30 days, signaling a shift toward revenue-based valuations in crypto.

Three young DeFi protocols — Hyperliquid, EdgeX and Pump.fun — returned a combined $96.3 million to token holders in just 30 days, according to data from CoinTelegraph. The figure approaches $100 million, highlighting a growing trend where decentralized applications prioritize direct revenue distribution over traditional network growth metrics.
For cryptocurrency traders, this shift matters because it changes how tokens are valued. Instead of focusing solely on transaction volumes or total value locked, investors are increasingly looking at real earnings flowing back to holders. This revenue-based valuation model could make DeFi tokens more comparable to dividend-paying stocks, potentially attracting a new wave of institutional interest. Live crypto prices on NowPrice show how the market is reacting in real time to these developments.
Looking ahead, traders should monitor whether other DeFi protocols adopt similar revenue-sharing mechanisms. Key data releases include upcoming token unlock schedules and protocol fee changes. If the trend continues, it could reshape the entire DeFi landscape, rewarding projects with sustainable business models over those chasing user growth at any cost.