Top 10 DeFi protocols account for 87% of holders revenue, led by Hyperliquid
The top ten DeFi protocols are responsible for 87% of holders' revenue, highlighting a concentration issue within the decentralized finance ecosystem. Hyperliquid leads with $53.5 million in revenue, followed by edgeX and Pump.fun. This concentration raises concerns about the long-term stability and power dynamics of DeFi.
- ▪The top ten DeFi protocols generated 87% of all holders revenue in the past 30 days.
- ▪Hyperliquid topped the list with $53.5 million, accounting for 38.4% of total distributions.
- ▪The bottom 90% of DeFi protocols share only 13% of the total holders revenue.
Opening excerpt (first ~120 words) tap to expand
Top 10 DeFi protocols account for 87% of holders revenue, led by Hyperliquid A handful of protocols are capturing nearly all the value returned to token holders, raising questions about DeFi's long-term power dynamics. Share Add us on Google by Editorial Team May. 26, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); DeFi has a concentration problem.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Crypto Briefing.
Discussion
0 commentsMore from Crypto Briefing
