Hyperliquid generated $3.07 million in protocol revenue over 24 hours, lifting its seven-day total to approximately $13.47 million, according to DefiLlama. The platform ranked among decentralized finance’s highest-earning protocols outside stablecoin issuers, whose revenue primarily comes from reserve interest rather than user fees. Pump (pump.fun), StonkFun (Stonk), and Pons also recorded their best weekly results. Hyperliquid derives almost all of its revenue from perpetual futures trading, with roughly 99% of eligible fees directed through its Assistance Fund toward HYPE buybacks and burns. StonkFun reached $1.84 million in single-day revenue, while Pons generated approximately $17.8 million over 30 days. Activity accelerated around mid-September, and Hyperliquid’s weekly result implies an annualized run rate above $700 million.