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"Crypto isn’t just hype and hopium anymore - there’s serious cashflow behind these protocols.
In this video, we look at 5 of the biggest revenue machines in crypto. We discuss how these protocols are raking in millions every month, and why their tokens could benefit if the momentum continues.
This is a peek into the money engines shaping the market right now. Watch the full video if you want to follow the money!"
~ Coin Bureau
This video discusses five high-earning cryptocurrency projects, focusing on those that are generating millions in monthly revenue across various sectors like memecoin launchpads, trading terminals, perpetual exchanges, and lending protocols. The first project, Pump.fun ("Pump"), is a memecoin launchpad that has facilitated the creation of over 13 million meme coins and earned $46 million in revenue in August, using that income to buy back its native token, Pump, which supports its price. The second is Axiom, an on-chain trading terminal specializing in Solana memecoins and perpetual futures trading, which surpassed $100 million in revenue within four months of launch and recorded over $31 million in net revenue in August, though it currently lacks a native token.
The third project, Hyperliquid, is its own Layer 1 blockchain and decentralized exchange (DEX) offering a full on-chain order book for perpetual and spot trading. It posted a record $110 million in revenue for August, primarily from its perpetuals volume, with 99% of its fees used to buy back and support its native Hype coin. Next is Athena, which created the synthetic dollar USDE, collateralized by crypto and hedged with short positions to skim yield from futures funding rates. Athena generated $54 million in fees in August, with the majority going to users as yield, and netted $4 million in protocol revenue. Finally, Aave, a blue-chip decentralized finance (DeFi) money market with $40 billion in total value locked, allows users to deposit collateral and borrow against it. It saw $94 million in fees generated in August, with $13 million in revenue retained by the protocol, and its community has approved the use of protocol revenue to buy back its AAVE token.
0:00 Intro
0:53 Protocol 1
5:43 Protocol 2
8:38 Protocol 3
12:40 Protocol 4
16:16 Protocol 5
Source - Coin Bureau YouTube: https://www.youtube.com/watch?v=Hvl81kpOjyI
Disclaimer: This video is provided for informational purposes only, and not offered or intended to be used as legal, tax, investment, financial, or any other advice.
