Hyperliquid pulled in over $106M last month, leading all token-backed onchain apps by a wide margin.
➡️ Ethena followed with $60.3M
➡️ PumpFun at $46.1M
➡️ Jupiter and Sky trailed far behind
To put it in perspective: Ethena and PumpFun combined made about the same as Hyperliquid alone. A clear sign of $HYPE’s current strength and market momentum.
