How Hyperliquid Managed to Lead 3 DeFi Apps That Paid Holders $96 Million In 4 Weeks

May 10, 2026 - 18:30
How Hyperliquid Managed to Lead 3 DeFi Apps That Paid Holders $96 Million In 4 Weeks
Three young DeFi applications, Hyperliquid, Pump.fun and edgeX, returned $96.3 million to token holders in 30 days. The figure marks one of the largest concentrated payouts from any DeFi cohort tracked in 2026. Each protocol used a different mechanism to deliver the cash. Only Hyperliquid funded its full payout from trading fees alone. Pump.fun split...

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