Pumpfun vs. Hyproliquid：加密西部野外收入的战斗

pumpfun正在偷杂种的雷声。这是模因硬币躁狂症还是加密收入产生的战略转变？

PumpFun and Hyperliquid have become synonymous with revenue generation. Buckle up, because things are moving fast in the cryptosphere. PumpFun, a Solana-based meme coin launchpad, has been making waves, even surpassing decentralized exchange (DEX) Hyperliquid in daily revenue. Let's dive into this dynamic and see what it means for the future of crypto revenue.

Pumpfun和Hyproliquid已成为收入产生的代名词。系扣，因为在加密层中情况正在快速移动。 Pumpfun是一家位于索拉纳的Meme Coin Launchpad，一直在浪潮，甚至超过了日常收入中的分散交易所（DEX）超流动性。让我们深入研究这种动态，看看它对加密货币收入的未来意味着什么。

PumpFun Overtakes Hyperliquid: A Meme Coin Moment?

pumpfun超过了超流动性：模因硬币时刻？

PumpFun has recently outpaced Hyperliquid in daily revenue. According to DeFiLlama, PumpFun generated $2.55 million in 24-hour revenue, edging out Hyperliquid's $2.21 million. While Tether and Circle still lead the pack, PumpFun's surge is noteworthy.

Pumpfun最近在每日收入中超过了超级流动。根据Defillama的说法，Pumpfun的收入为255万美元，筹集了超流动性的221万美元。虽然系绳和圆圈仍然领先，但Pumpfun的激增值得注意。

PumpFun's cumulative revenue sits at $784.56 million, fueled by a flat 0.05% swap fee. Since its January 2024 launch, it has facilitated the creation of over 12.69 million meme coins. This begs the question: are we witnessing a resurgence of meme coin mania, or is there more to the story?

Pumpfun的累计收入为7.8456亿美元，并以0.05％的交换费为推动。自2024年1月推出以来，它促进了超过1,269万个模因硬币的创造。这就引出了一个问题：我们是目睹模因硬币狂热的复兴，还是故事还有更多？

Project Ascend: PumpFun's Strategy for Longevity

项目上升：Pumpfun的寿命策略

PumpFun's recent success is partly attributed to Project Ascend, unveiled on September 2nd. This initiative aims to foster long-term sustainability for meme coins launched on the platform. A key component is Dynamic Fees V1, a tiered model that reduces creator fees as a token's market cap grows. This discourages pump-and-dump schemes and rewards developers who build community-backed tokens.

Pumpfun最近的成功部分归因于9月2日揭幕的Project Ascend。该计划旨在为在平台上发起的模因硬币促进长期可持续性。一个关键组件是动态费用V1，这是一个分层模型，它随着代币的市值的增长而降低创建者费用。这阻止了建立社区支持的代币的泵送和降低计划和奖励开发人员。

Buyback initiatives have also played a role, with total buybacks reaching $69.5 million. These buybacks, funded by platform revenue, support PUMP token value. The number of unique PUMP holders has grown to 72,082, indicating increased adoption.

回购计划也发挥了作用，总回购达到6950万美元。这些回购由平台收入资助，支持泵令牌价值。独特的泵持有人的数量已增长到72,082，表明采用率增加。

Hyperliquid: Still a Force to Be Reckoned With

超级流动：仍然是一支不可忽视的力量

Hyperliquid, a decentralized derivative platform built on its Layer-1 blockchain, has garnered significant investor interest. Its features in decentralized perpetuals have led to $651 million in cumulative revenue. While PumpFun has temporarily surpassed it, Hyperliquid remains a key player in the DeFi space.

Hyperliquid是一个基于其1层区块链的分散衍生化平台，它引起了极大的投资者的兴趣。它在分散的永久性中的特征导致了6.51亿美元的累计收入。尽管Pumpfun暂时超过了它，但超流动仍然是Defi空间中的关键参与者。

Hyperliquid is up 2% since yesterday – one of the few altcoins in the green – and is now the 12th-largest crypto, almost overtaking Chainlink. This custom Layer-1 built for decentralized derivatives offers near-instant execution, gas-free trading, and deep order books that feel CEX-like but live on-chain.

自昨天以来，Hyproliquid上涨了2％ - 绿色的少数山寨币之一 - 现在是第12大加密货币，几乎超过了连锁链接。为分散衍生品制造的这一定制层1提供了近乎固有的执行，无气交易和深订单的书籍，这些书籍感觉像Cex一样，但可以实现链链。

edgeX: The Dark Horse in the Perp DEX Race

Edgex：Perp Dex种族中的黑马

Another contender in the decentralized exchange arena is edgeX, a perp DEX built on a ZK (Zero-Knowledge) architecture. Despite operating for only a year, edgeX has surpassed major blockchain platforms in 24-hour revenue. Its revenue is more than double that of GMX and more than five times that of dYdX.

分散交换领域中的另一个竞争者是Edgex，这是建立在ZK（零知识）体系结构上的PERP DEX。尽管仅运行了一年，但Edgex还是超过了24小时收入的主要区块链平台。它的收入是GMX的两倍以上，是DYDX的五倍以上。

edgeX offers competitive trading depth and fees, making it an attractive option for traders. Within a 0.01% price range, edgeX's order book can support up to $6M in BTC orders. Makers pay only 0.015%, and Takers pay 0.038%, lower than Hyperliquid's 0.045%.

Edgex提供有竞争力的交易深度和费用，使其成为交易者的吸引人选择。在0.01％的价格范围内，Edgex的订单簿可支持高达600万美元的BTC订单。制造商仅支付0.015％的费用，而接受者则支付0.038％的费用，低于超级流动性的0.045％。

The Big Picture: Revenue Generation in Crypto

大局：加密货币的收入产生

The competition between PumpFun, Hyperliquid, and edgeX highlights the dynamic nature of crypto revenue generation. PumpFun's meme coin focus has proven lucrative, while Hyperliquid's decentralized derivatives platform continues to attract traders. edgeX is emerging as a strong contender with its innovative ZK architecture and competitive fees.

Pumpfun，Hyproliquid和Edgex之间的竞争突出了加密收入产生的动态性质。 Pumpfun的Meme硬币焦点已证明是有利可图的，而Hyproliquid的分散衍生品平台继续吸引交易者。 Edgex以创新的ZK架构和竞争性费用成为强大的竞争者。

My Take: A Sign of Shifting Sands

我的看法：变化沙子的迹象

Personally, I think PumpFun's recent surge is more than just a meme coin moment. It reflects a growing demand for accessible and engaging crypto platforms. While meme coins are inherently risky, PumpFun's Project Ascend shows a commitment to long-term sustainability, aiming to 100x the pump fun ecosystem and boost long-term sustainability for memecoins launched on the platform.

就个人而言，我认为Pumpfun最近的激增不仅仅是模因硬币时刻。它反映了对可访问且引人入胜的加密平台的需求不断增长。尽管Meme硬币本质上是风险的，但Pumpfun的项目上升表现出对长期可持续性的承诺，旨在使100倍泵有趣的生态系统和在平台上推出的Memecoins的长期可持续性。

The rise of platforms like PumpFun, Hyperliquid, and edgeX underscores the need for innovation and adaptability in the crypto space. The future of revenue generation will likely be shaped by platforms that can cater to diverse user needs while fostering sustainable ecosystems.

诸如Pumpfun，Hyproliquid和Edgex之类的平台的崛起强调了加密空间中对创新和适应性的需求。收入产生的未来可能会由可以满足各种用户需求的平台来塑造，同时促进可持续的生态系统。

Wrapping Up

总结

So, there you have it! The battle for crypto revenue supremacy is heating up, and it's anyone's game. Whether you're a meme coin enthusiast, a DeFi devotee, or just a curious observer, there's never a dull moment in the world of crypto. Keep your eyes peeled, because who knows what tomorrow will bring? Maybe Doge will fly to the moon. Now, if you'll excuse me, I'm off to research the next big thing (probably involving cats and laser eyes). Later!

所以，你有！加密收入至高无上的战斗正在加热，这是任何人的游戏。无论您是模因硬币爱好者，奉献者还是一个好奇的观察者，在加密货币世界中，从来都不是一个沉闷的时刻。让您的眼睛剥皮，因为谁知道明天会带来什么？也许Doge会飞到月球。现在，如果您原谅我，我要去研究下一件大事（可能涉及猫和激光眼）。之后！