On May 10, according to data from DefiLlama, three relatively active DeFi applications—Hyperliquid, EdgeX, and Pump.fun—distributed a total of $96.3 million in revenue to token holders over the past 30 days. Hyperliquid led with $50.95 million, returning all revenue directly to holders with zero incentive spending. Pump.fun returned $22.09 million to holders from a total revenue of $38.81 million. EdgeX allocated $2.326 million from $8.26 million in protocol revenue, indicating it may have tapped into reserves or other income sources.
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Three Major DeFi Applications Return Nearly $100 Million to Token Holders in 30 Days
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