How much do the top protocols actually earn?

How much do the top protocols actually earn?

Yesterday we looked at blockchain revenues, and today we’ll check which protocols generated the most revenue across different sectors of crypto over the last 30 days.

Stablecoin issuers:
⚪️Tether: ~$702.98M
⚪️Circle: ~$235.22M

Perp DEX:
⚪️Hyperliquid: ~$90.6M
⚪️edgeX: ~$44.96M
⚪️Lighter: ~$24.55M
⚪️Jupiter: ~$17.1M

DEX:
⚪️Uniswap: ~$81.6M
⚪️Meteora: ~$45.2M
⚪️Raydium: ~$14.4M

L2s with high transaction volume:
⚪️Base: ~$6.5M
⚪️Arbitrum: ~$2.4M
⚪️Optimism: ~$1.3M

MEV-heavy ecosystems:
⚪️Solana: ~$3.1M
⚪️Pumpfun: ~$34M

Restaking and AVS:
⚪️Etherfi: ~$4.1M