Pump.fun 24-hour revenue hits $1.98M, overtaking Hyperliquid for third place

Pump.fun's jump into third place on the revenue leaderboard is a reminder that memecoin issuance infrastructure has become a serious cash-generating business, not just a novelty. The fact that its total figure includes PumpSwap and its trading terminal matters: revenue is diversifying beyond token launches themselves. What's notable is the company it keeps — outranking Hyperliquid while trailing only Tether and Circle, two stablecoin giants — even as the gap between third and fourth place is razor-thin. Whether Pump.fun holds that position or the ranking proves volatile week to week is the open question.