These Altcoins Cashing In While the Market Drops: Here Are the Projects Generating the Most Revenue
The highest-revenue cryptocurrency projects in the last 30 days were announced, with Tether ($437.4M), Tron ($227M), and Circle ($222.5M) topping the list. Revenues were calculated from on-chain activities, stablecoin issuances, and decentralized exchange fees, reflecting user and transaction activity. Notably, Ethereum saw a significant revenue increase (+61.6%), and Base had the highest growth (+102.7%), while Ethena, pump.fun, and Axiom Trade experienced major declines. Stablecoin issuers Tether and Circle dominated due to high interest income, and Tron retained its position due to high transaction volumes, largely from USDT transfers.
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Top Revenue-Generating Cryptocurrency Projects
The highest-revenue projects in the cryptocurrency market over the past 30 days have been announced. Tether topped the list, followed by Tron and Circle. These revenues were calculated based on a combination of on-chain activities, stablecoin issuances, and decentralized exchange fees, reflecting industry-wide user and transaction activity.
Detailed Revenue Figures
Here are the cryptocurrency projects that generated the most revenue in the last 30 days, along with the change in their revenue compared to the previous month:
- Tether (USDT): $437.4 million (-2.1%)
- Tron (TRX): $227 million (-2.2%)
- Circle (USDC, EUROC, USYC): $222.5 million (+0.6%)
- Hyperliquid (HYPE): $104.3 million (+8.0%)
- PancakeSwap (CAKE): $49.8 million (-1.5%)
- Ethena (ENA): $37 million (-31.3%)
- pump.fun (PUMP): $28.1 million (-36.7%)
- Axiom Trade: $21.5 million (-44.5%)
- Ethereum (ETH): $19.6 million (+61.6%)
- Aave (AAVE): $13.9 million (-3.9%)
- Aerodrome (AERO): $13.8 million (-3.4%)
- Phantom: $12.7 million (-19.1%)
- Base: $10.3 million (+102.7%)
- Aethir (ATH): $9.2 million (-27.8%)
- Lido Finance (LDO): $8.3 million (-3.3%)
Dominance of Stablecoin Issuers
Stablecoin issuers such as Tether and Circle continue to dominate the market, primarily due to high interest income. These companies have sustained their role as major players in the cryptocurrency ecosystem.
Tron’s Sustained Position
Thanks to its high transaction volume, Tron maintained its second-place position in the list. A large portion of its revenues comes from its status as one of the most frequently used networks for USDT transfers.
Disclaimer
This report does not constitute investment advice.