Pump.fun revenue surpasses Hyperliquid as whale accumulation boosts PUMP
Pump.fun (PUMP)
Editor:
Eugene Serbin
ambcrypto.com reports that Pump.fun has overtaken Hyperliquid in 30-day revenue, earning $55.5 million compared to Hyperliquid's $54.34 million. This shift is driven by a surge in trading volume on the Solana launchpad, which rose from approximately $5 million per day in July to over $40 million in October. Pump.fun generated $17.54 million in revenue over the last seven days, outpacing Hyperliquid's $11.19 million weekly haul.
The platform earns money through token launches and subsequent trading activity, with daily turnover frequently reaching $30-$45 million and occasionally exceeding $60 million. Whale activity is also strengthening the PUMP token, with Netherlol purchasing 383.34 million PUMP valued at $2.4 million after a year of inactivity. Another wallet withdrew 189.22 million PUMP worth $1.18 million from MEXC, reducing available supply on exchanges.
This accumulation supports the narrative that sustained volume provides a foundation for continued revenue growth. However, the report notes that if demand declines rapidly, Hyperliquid could reclaim its spot in the earnings rankings. The increased trading activity expands Pump.fun's base of revenue-generating activities, reinforcing its economic relevance. Sustained memecoin trading may further solidify Pump.fun's position relative to Hyperliquid.
How the market reacted
Whalio's own Binance spot order flow for PUMP, measured when this story was written up on 5 October 2026. Not the outlet's figures.
Current Binance spot data shows a buy ratio of 59.2% over the last hour, indicating strong immediate buying pressure compared to the 56.0% ratio over four hours and 51.0% over 24 hours. This suggests that buying momentum is accelerating in the short term rather than fading. The volume delta reflects this activity, showing a net inflow of $236,721 in the last hour and $842,350 over four hours. Volume delta measures the difference between buy and sell volume, so positive numbers indicate that buyers are dominating sellers. Over the last 24 hours, the cumulative volume delta reached $842,609, confirming sustained buying interest. Spot volume for the period was $42,312,961 with nearly 320,000 trades executed.
The latest daily buy ratio of 50.6% sits at the 63rd percentile of the last 322 days, against a median of 49.3% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for PUMP, averaged over the days leading up to the story.
Comparing the current 24-hour spot volume of $42,312,961 against the preceding week's average activity reveals a volume ratio of 0.74x relative to the weekly baseline. This indicates that today's trading volume is lower than the average daily volume observed over the past seven days. While the buy ratio has shifted toward buyers in the short term, the weekly average buy ratio remains at 50.9%, showing a balanced market over the longer timeframe. The price has risen 26.5% over the last eight days, supported by a total volume delta of $6,443,059 during that period. This context suggests that while immediate buying pressure is high, the overall volume intensity is currently below the recent weekly average.