List of Altcoins Generating the Most Revenue in the Bearish Market Released

In the cryptocurrency market, the revenue performance of projects reveals which areas of the sector are experiencing high levels of economic activity.

With intense revenue competition among stablecoin issuers, decentralized exchanges (DEX), derivatives platforms, and blockchain networks, data from the past 30 days shows that the stablecoin sector is particularly prominent.

Stablecoin giant Tether tops the list, followed by Tron (TRX), a widely used blockchain network for stablecoins, and another stablecoin issuer, Circle. Derivatives exchange Hyperliquid (HYPE) and Sky (SKY), formerly known as MakerDAO, also stand out with their strong revenue growth rates.

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The projects that generated the most revenue in the last 30 days, and their percentage changes, are as follows:

1. Tether – $439.2 million (+5.0%)
2. Tron (TRX) – $205.2 million (+0.1%)
3. Circle – $183.6 million (-8.8%)
4. Hyperliquid (HYPE) – $71.7 million (+44.7%)
5. Sky (SKY) – $57.1 million (+72.4%)
6. pump.fun (PUMP) – $29.9 million (+17.3%)
7. Ethereum (ENA) – $21.2 million (-23.6%)
8. PancakeSwap (CAKE) – $20.9 million (+59.9%)
9. GMGN – $17.8 million (+51.1%)
10. Axiom Trade – $16.7 million (-5.2%)
11. Phantom – $13.9 million (+44.9%)
12. Aave (AAVE) – $11.5 million (+36.1%)
13. Base – $10.3 million (+255.7%)
14. Aerodrome (AERO) – $6.6 million (-9.0%)
15. Lido Finance (LDO) – $6.6 million (-10.5%)

*This is not investment advice.

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