PumpDotFun Achieves $25M in July Revenue, Hits $2.36M Daily, Annualizes $336M

Jul 31, 2024, 12:09 PM

PumpDotFun, a decentralized finance protocol, has achieved remarkable financial milestones, generating $25 million in revenue in July alone and adding approximately $5 million each month. The protocol has outpaced Ethereum in revenue within just 24 hours and reached a new all-time high of $2.36 million in daily revenue, tripling its daily revenue from the previous week. With an annualized revenue projection of $336 million, PumpDotFun's founders are poised for significant financial success. The protocol's rapid growth and substantial earnings have drawn comparisons to early NFT infrastructure, and it has been diligently tracked by DeFiLlama. Additionally, it recorded $2.31 million in daily revenue recently.