Pump.fun, a Solana-based memecoin launchpad, has surged past perpetuals exchange Hyperliquid in daily protocol revenue, according to new data from DefiLlama. Key Takeaways: Pump.fun surpassed Hyperliquid in daily protocol revenue, hitting over $1 billion in trading volume and ranking third among DeFi platforms. The memecoin market cap surged to a 30-day high of $83 billion, reflecting strong retail interest and token launches. Pump.fun is expanding into livestreaming, paying $4 million to creators as ...

Very interesting acquisition by PumpFun.I could have sworn it would have been more down the content / streaming / media / entertainment routeBut it seems they are looking to drive down the Social layer of trading and incentivize that vertical.Alon had some comments around it, now making the product free, but also using it for future rewards for actual 'traders' and not just KoLs.Looks like trading comps? and a more trading focused vertical will be coming?pump.fun (@pumpdotfun):we’re excited to announce that ...