The most profitable projects are:

The most profitable projects in the cryptocurrency market in the past 30 days have been announced.

Topping the revenue list was Tether, followed by Tron and Circle. Calculated from on-chain activity, stablecoin issuance, and decentralized exchange fees, these revenues also reflect user and transaction activity across the industry.

Here are the crypto projects that have generated the most revenue in the past 30 days and how their revenue has changed compared to the previous month.

1. Tether (USDT) – $437.4 million (-2.1%)
2. Tron (TRX) – $227 million (-2.2%)
3. Circle (USDC, EUROC, USYC) – $222.5 million (+0.6%)
4. Hyper Liquid (HYPE) – $104.3 million (+8.0%)
5. PancakeSwap (CAKE) – $49.8 million (-1.5%)
6. Athena (ENA) – $37 million (-31.3%)
7. Pump.fun (PUMP) – $28.1 million (-36.7%)
8. Axiom Trade – $21.5 million (-44.5%)
9. Ethereum (ETH) – $19.6 million (+61.6%)
10. Aave (AAVE) – $13.9 million (-3.9%)
11. Airfield (AERO) – $13.8 million (-3.4%)
12. Phantom – $12.7 million (-19.1%)
13. Base – $10.3 million (+102.7%)
14. (Ath) – $9.2 million (-27.8%)
15. Lido Finance (LDO) – $8.3 million (-3.3%)

Stablecoin issuers Tether and Circle maintained their market dominance thanks to high interest income.

Tron maintained its second position thanks to the high transaction volume on the network. In fact, a significant portion of Tron’s revenue comes from its position as one of the most frequently used networks for USDT transfers.

*This is not investment advice.