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Post #8004 107
TOP EARNING CRYPTO PROTOCOLS BY CATEGORY

Fresh onchain revenue snapshot, and the leaderboard shuffled hard since our last check.

The big story: Prediction Markets got crushed. Monthly revenue for the whole category collapsed to $17.85M, barely half of where it sat a few weeks ago, and now the smallest number on this entire list except Interface. Note: this doesn't include Kalshi since it's US-only and not tracked here. Polymarket still owns 87% of it, but owning 87% of a shrinking pie isn't the flex it used to be. The hype cycle that had prediction markets running neck-and-neck with Derivatives has clearly cooled off hard.

Meanwhile, pump.fun is quietly running the table. It's not just the Launchpad leader anymore (56%), it's also the #1 Dexs protocol by revenue (32%), thanks to PumpSwap volume. One product, two categories, both podiums.

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