REAL YIELD IS BACK: 3 DeFi Protocols Paid $96.3M to Token Holders in 30 Days 👇


Three DeFi protocols just paid out $96.3M to token holders in the last 30 days, according to DefiLlama. But not all payouts are equal. Here's the real breakdown 👇
1️⃣ Hyperliquid ( $HYPE ): $50.95M revenue → 100% returned to holders. Zero spent on incentives. Annualized: $945M.
2️⃣ ( $PUMP ): $22.09M returned from $38.81M revenue. Switched from 100% buybacks to a 50/50 buy-and-burn model on April 28, 2026.
3️⃣ EdgeX ( $EDGE ): $23.26M paid to holders, but only $8.26M in actual revenue. The gap is funded by reserves.
What This Means
✅ Only Hyperliquid is funding payouts purely from organic fees, the cleanest model in DeFi right now.
✅ is in transition. New model still needs to prove itself.
✅ EdgeX is paying out 3x what it earns. Sustainable only while reserves last.
HYPE-2.46%
PUMP-4.76%
EDGEX0.19%
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