DefiLlama data showed the prediction market protocol surpassed Canton and Hyperliquid over the past day, while cumulative revenue climbed above $94 million.
Polymarket generated $1.88 million in revenue over the past 24 hours, making it the third-highest earning crypto protocol during that period, according to DefiLlama. The prediction market platform moved ahead of Canton and Hyperliquid on the ranking, while its cumulative protocol revenue rose above $94 million. The figures underscore how event-driven trading activity can translate into fee generation for crypto applications, with revenue rankings often used as a gauge of user demand and onchain business traction.