MarketPR
DeFi Protocols Pay Out $96M to Holders in 30 Days, Led by Hyperliquid Three decentralized finance protocols distributed roughly $96.3 million to token holders over the past 30 days, per data compiled by DefiLlama.
The cohort of Hyperliquid, Pump.fun and EdgeX is being cited by market participants as evidence that revenue-sharing models are starting to outweigh growth-metric narratives in DeFi.
Hyperliquid accounted for the largest share. The protocol distributed $50.95 million in full to users during the period, DefiLlama figures show.
Pump.fun followed with $22.09 million in payouts, drawn from $38.81 million in reported revenue. EdgeX disclosed $23.26 million in protocol revenue for the month, up from $8.26 million the prior period.
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