Hey there, crypto fam! If you're deep into DeFi or just dipping your toes into the wild world of meme tokens, you've got to check out this fresh data drop from DeFiLlama. On August 14, 2025, they tweeted about the top 10 DeFi protocols ranked by "holders revenue" over the past 30 days. What's holders revenue, you ask? It's basically the slice of a protocol's earnings that gets funneled back to token holders – think buybacks, token burns, staking rewards, or direct payouts. It's like dividends in the stock world, showing how much value is actually returning to the community.

This metric is a game-changer for spotting projects that aren't just hype but are genuinely rewarding their holders. And with meme tokens often launching on these platforms, it's super relevant for us at Meme Insider. Let's break it down based on DeFiLlama's tweet.

The Top 10 Breakdown

Here's a quick rundown of the leaders, pulled straight from the data. I've included their categories, how they distribute revenue, and the numbers for the last 7 and 30 days. Notice how some of these tie directly into the meme token scene – like Pump.fun, which has been a launchpad rocket for countless Solana memes.

Rank	Protocol	Category	Distribution Method	7d Revenue	30d Revenue
1	Hyperliquid	Dexs	93% of fees to Assistance Fund for burning tokens, remaining 7% to HLP Vault	$24.62m	$97.29m
2	Pump	Launchpad	PUMP token buybacks from the revenue	$20.3m	$44.56m
3	PancakeSwap	Dexs	0.0575% is used to facilitate CAKE buyback and burn. Money going to governance token holders...	$602,986	$23.68m
4	LetsBONK.fun	Launchpad	Before 10th Jun 2025: 43% of total fees (Buy/Burn 35% + SBR 4% + BonkRewards 4%). After 10th Jun...	$515,271	$18.94m
5	Aerodrome	Dexs	Money going to governance token holders	$5.5m	$18.49m
6	Jupiter	DEX Aggregator	50% of revenue (12.5% of total fees) goes to JUP holders	$4.06m	$16.91m
7	Sky	CDP	SKY token buybacks + staking rewards for sky stakers	$2.78m	$11.9m
8	Raydium	Dexs	Fees allocated to RAY token buybacks (12% across all pool types), 0.25% of platform fees are burned.	$956,476	$7.23m
9	Curve Finance	Dexs	A 50% of the trading fee is collected by the users who have vote locked their CRV	$1.11m	$5.72m
10	Pendle	Yield	Share of yields and trading fees distributed to vePENDLE	$599,602	$4.57m

Hyperliquid tops the chart with a whopping $97.29 million in 30-day holders revenue. As a decentralized exchange (DEX), they're burning tokens aggressively, which can drive up scarcity and value for holders. Right behind is Pump.fun, a favorite in the meme token community. This Solana-based launchpad uses revenue for PUMP token buybacks, making it a hotspot for meme creators and traders looking for quick flips and community-driven pumps.

PancakeSwap, the Binance Smart Chain DEX darling, comes in third. They've got a solid buyback-and-burn mechanism for their CAKE token, which helps stabilize prices and rewards long-term holders. And don't sleep on LetsBONK.fun – with its ties to the BONK meme ecosystem, it's allocating fees in creative ways, including burns and rewards, post their June 2025 update.

Why This Matters for Meme Token Enthusiasts

In the meme token space, where volatility is the name of the game, protocols like Pump.fun and LetsBONK.fun stand out because they directly fuel the ecosystem. Pump.fun, for instance, has democratized meme coin launches on Solana, allowing anyone to create and trade tokens with minimal barriers. Their revenue-sharing model means PUMP holders benefit from the frenzy of new memes hitting the market daily.

This data from DeFiLlama highlights a shift towards more sustainable DeFi projects. Instead of just collecting fees, these protocols are looping value back to holders, which can lead to stronger communities and less rug-pull risks – a big win for blockchain practitioners hunting for the next big meme play.

If you're building or trading in DeFi, keeping an eye on holders revenue can help you spot undervalued gems. For more on how meme tokens intersect with DeFi, check out our knowledge base at Meme Insider. What's your take on these rankings? Drop a comment or hit us up on social!

Looking Ahead

As we head deeper into 2025, expect more protocols to adopt revenue-sharing to attract and retain holders. With meme tokens evolving from jokes to serious economic experiments, metrics like this will be key to navigating the space. Stay tuned for updates, and remember: always DYOR before diving in.