According to Eric Cryptoman, he has concentrated his DeFi exposure on Ethereum in PEAS and went all-in on Peapods Finance, citing confidence it will outperform other sectors such as memes, AI, and RWA. Source: Eric Cryptoman on X, Aug 26, 2025. He states the protocol is one of the only consistently earning and is deflationary, emphasizing revenue-backed tokenomics as his rationale. Source: Eric Cryptoman on X, Aug 26, 2025. He also references $1B+ via a link in the post, highlighting scale as part of the thesis. Source: Eric Cryptoman on X, Aug 26, 2025. For traders, the actionable datapoints are the deflationary design, claimed consistent earnings, and Ethereum-based deployment of PEAS, which together frame the narrative behind his concentrated positioning. Source: Eric Cryptoman on X, Aug 26, 2025.

According to @milesdeutscher, Chainlink’s new Reserve mechanism now automatically converts all protocol revenue, including fees paid in ETH or USDC from private corporate chains, into LINK via open-market purchases, with the acquired LINK deposited into a strategic treasury, source: @milesdeutscher, X, Aug 13, 2025. For trading, this establishes recurring market purchases of LINK funded by protocol revenues and ongoing treasury accumulation, source: @milesdeutscher, X, Aug 13, 2025.

According to @ai_9684xtpa, edgeX generated $2.83 million in protocol revenue over the last seven days, equaling 16% of Hyperliquid’s revenue and surpassing Ethereum, Base, Solana, and Lido over the same period, as shown in the shared revenue chart on X. According to @ai_9684xtpa, Hyperliquid climbed from obscurity to a global top-4 position in three years, while edgeX is roughly half a year old, indicating a faster revenue ramp within the perps DEX segment. Based on @ai_9684xtpa’s figures, traders can treat the rising fee share as confirmation of user activity concentration in perps DEX venues and track sector rotations by comparing perps DEX fee share versus L1/L2 fee indexes and ETH/SOL perpetual pairs’ funding and volume trends.

According to @ai_9684xtpa, edgeX generated 2.83 million dollars in protocol revenue over the last seven days, equal to 16 percent of Hyperliquid’s revenue in the same period, highlighting rising traction in on-chain perpetual DEX activity for traders to monitor, source: @ai_9684xtpa. The post states this seven-day revenue total places edgeX ahead of Ethereum ETH, Base, Solana SOL and Lido LDO on protocol revenue leaderboards, which is notable for market share tracking across on-chain derivatives, source: @ai_9684xtpa. It also notes Hyperliquid took three years to move from obscurity to a Top 4 position, while edgeX is roughly half a year old, indicating the competitive gap is narrowing within on-chain perps, source: @ai_9684xtpa.

According to the dYdX Foundation, its governance-approved Buyback Program has utilized protocol revenue to acquire and stake nearly 2.9 million DYDX tokens. The dYdX Foundation stated that this mechanism is designed to reinforce alignment with token holders and enhance validator security for the decentralized exchange. This action directly uses platform earnings to support the token's ecosystem, a potentially bullish signal for traders monitoring tokenomics and protocol health.

According to @MilkRoadDaily, onchain revenue dynamics have shifted as application-layer activity now surpasses protocol-level revenue for the first time in years. This real-time development confirms the 'Fat App Thesis,' highlighting a decisive move toward app-driven value accrual over protocol dominance. Traders should monitor this trend, as increased app-layer revenue could influence token valuations, especially for projects prioritizing user engagement and transaction volume (Source: @MilkRoadDaily, June 19, 2025).

According to @MikeSilagadze, Ether.Fi reported a 21% improvement in its fundamentals today, indicating significant growth in core metrics such as protocol revenue, user activity, or staking participation. This notable uptick in fundamentals suggests a stronger outlook for ETHFI token value and could drive increased trading interest, particularly as market participants focus on projects with robust on-chain performance. Traders should monitor Ether.Fi's on-chain data and liquidity metrics for potential momentum plays, as fundamental improvements often precede price movement (Source: @MikeSilagadze on Twitter, May 27, 2025).

According to MilkRoadDaily, Pendle (PENDLE) is pioneering the tokenization of a $400 trillion market onchain, currently generating $20 million in annual revenue. The protocol's recent fee increase is projected to boost its revenue by an estimated 30%, reflecting strong pricing power and growing user adoption. This move indicates rising demand for Pendle’s structured yield products, which could enhance liquidity and trading volumes for PENDLE tokens. Traders should monitor the impact of increased protocol revenues on PENDLE’s price dynamics and potential spillover effects on DeFi and broader crypto market sentiment. (Source: @MilkRoadDaily, Twitter, May 22, 2025)

According to IntoTheBlock, dYdX is dedicating 25% of its net protocol revenue to monthly $DYDX purchases, aligning with a broader industry trend seen with AAVE's $1M/week program and Hyperliquid's $1.5–2.5M daily repurchases. The announcement resulted in a 10% price increase for $DYDX, though questions about the sustainability of this approach remain.

According to Miles Deutscher, USDe's circulating supply increase is directly scaling the protocol's revenue. The launch of USDe's own blockchain in collaboration with Securitize is a strategic move to support its expansion. These developments are crucial for traders focusing on the stablecoin market as they could impact USDe's trading volume and market cap.

According to Ai 姨, Jupiter plans to allocate 50% of its protocol revenue for repurchasing $JUP tokens. In 2024, Jupiter's protocol revenue reached $102 million, ranking 7th among Solana DApps. Jupiter Perps is the primary revenue driver with an 84% market share in Solana's PerpDEX. The revenue in December 2024 grew sevenfold compared to January, largely influenced by the $TRUMP token surge, which alone accounted for $35.86 million, nearly 40% of last year's total revenue. This strategic buyback could impact $JUP's market valuation by approximately 2.4% of its current $2.04 billion market cap, potentially fueling further market activity.

According to Justin Sun, TRON's protocol revenue in September was approximately the same as in August. Despite claims that TRON's popularity decreased in September, the consistent revenue suggests stable user engagement and activity on the TRON network. This could indicate a resilient performance for TRON, making it a potentially stable investment.

According to Justin Sun, Tronscan has launched a more detailed protocol revenue dashboard to provide the community with a clearer understanding of the Tron protocol's performance. Over the past 365 days, the Tron protocol has generated $1.57 billion in revenue, marking a 115% increase.

According to Justin Sun, a specific plan for allocating SunPumpMeme's protocol revenue to the community has been proposed. This initial proposal will be submitted for community discussion and, pending a final vote, will be officially implemented.

According to Justin Sun, TRON's protocol revenue has outpaced Ethereum's by 50% over the past 30 days, as reported by Token Terminal. If this trend continues, TRON's annual protocol revenue could exceed $2 billion, potentially making it the most profitable blockchain globally.