# Revenue Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Revenue", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

MYX records its 2nd lowest revenue – THIS metric challenges recovery

MYX Finance recorded its second-lowest monthly revenue of $358, indicating weak on-chain activity and declining user demand. Despite this, the token gained 5% amid a falling crypto market. On-chain metrics remain subdued, with low fees and stable but sluggish TVL. However, exchange data shows a slightly bullish bias, with a positive funding rate and long positions outweighing shorts, even as open interest declined. Liquidity analysis suggests stronger upward potential, with clusters of buy orders above current prices. While short-term momentum is mixed, speculative positioning favors a potential rebound if bullish sentiment strengthens.

ambcrypto01/19 12:02

MYX records its 2nd lowest revenue – THIS metric challenges recovery

ambcrypto01/19 12:02

Bitcoin Miners Pull Back: Hashrate Drops To 3-Month Low

Bitcoin's mining hashrate has dropped to a three-month low of 998 EH/s, a significant decline from its all-time high of 1,151 EH/s recorded in October. This decline indicates that miners are decommissioning their rigs, a trend that typically occurs when mining becomes less profitable. The drop has continued despite a recent 5% price increase in Bitcoin to around $95,500, suggesting miners remain unconvinced of a sustained bullish momentum. As a result of the reduced hashrate, the average block time has slowed to 10.6 minutes. This is expected to trigger an estimated 5.6% decrease in mining difficulty during the next biweekly network adjustment to correct for the slower block production.

bitcoinist01/17 17:03

Bitcoin Miners Pull Back: Hashrate Drops To 3-Month Low

bitcoinist01/17 17:03

Why is Story’s [IP] price up 36% today despite weak network revenue?

Story (IP) token surged 36% on January 13th, extending its weekly gains to nearly 100%, largely driven by a broader cryptocurrency market rally following softer U.S. inflation data that boosted Bitcoin. The altcoin rebounded from a low of $2 to nearly $4, though it slightly retreated to $3.89 at the time of writing. Technical indicators showed strong buying pressure with the RSI reaching overbought levels, suggesting potential for a reversal. The price surge was supported by strong spot market demand and improved market conditions. Additionally, anticipation around the scheduled Yusanari network upgrade on January 14th—which aims to integrate Ethereum Fusaka upgrade features and enhance on-chain intellectual property rights for creators—fueled bullish sentiment. Despite the significant price increase, on-chain data revealed weak fundamental traction. Monthly network revenue declined sharply from $94k in September 2025 to just $323 in December, with only $152 generated so far in January 2026, indicating low network activity and a disconnect between market performance and underlying usage.

ambcrypto01/14 15:02

Why is Story’s [IP] price up 36% today despite weak network revenue?

ambcrypto01/14 15:02

Stablecoins Control 60% of Revenue but Face 'Liquidation' from Interest Rate Cuts

The article analyzes the revenue structure of the crypto industry, highlighting that stablecoin issuers, particularly Tether and Circle, dominate with over 60% of the total revenue, though their share is expected to weaken due to declining interest rates. Decentralized perpetual exchanges (perp DEXs) like Hyperliquid emerged as a significant revenue driver, accounting for 7-8% of total revenue in 2025, surpassing older DeFi sectors. Three key revenue sources are identified: spread income (from stablecoins), trade execution (from perp DEXs), and distribution channels (from token launch platforms). The industry generated $16 billion in revenue in 2025, with 58% retained by protocols after paying suppliers. Notably, value transfer to token holders via rewards, buybacks, and burns increased, reaching over 18% of protocol revenue at its peak, signaling a shift toward token-based economic ownership. The trend is expected to accelerate in 2026 as protocols prioritize incentivizing holders.

比推01/14 14:21

Stablecoins Control 60% of Revenue but Face 'Liquidation' from Interest Rate Cuts

比推01/14 14:21

After the $250 Million Acquisition, Polygon's Long-Term Strategy Emerges

Polygon Labs has announced the acquisition of crypto startups Coinme and Sequence for a total of over $250 million. The deals are part of Polygon's strategic push into the stablecoin sector and broader financial infrastructure. Coinme, a US-based financial services company holding multiple state money transmitter licenses, will provide crucial regulatory compliance for Polygon to enter the US market. It will continue operating its existing crypto exchange, wallet, and service offerings. Sequence, a wallet and developer infrastructure provider, is intended to bolster the user-facing entry point for Polygon's ecosystem. These acquisitions represent a clear "upstream and downstream" strategy: securing regulatory pathways on one end and user infrastructure on the other. This aggressive, counter-cyclical move aims to transition Polygon from a crypto infrastructure project into a regulated financial infrastructure provider amid a tightening regulatory environment. Despite a broader market downturn, Polygon has shown resilience in on-chain revenue, recently ranking seventh among blockchains. A significant short-term driver of this growth is Polymarket, a prediction market platform whose high transaction volume has substantially increased network fees. This activity has accelerated the burn of POL tokens, creating a deflationary effect that currently outpaces staking rewards. In summary, while short-term fee growth is largely fueled by Polymarket, Polygon's long-term strategy is focused on building a compliant framework for stablecoins and real-world financial applications, positioning itself for the next phase of competition.

Odaily星球日报01/14 12:47

After the $250 Million Acquisition, Polygon's Long-Term Strategy Emerges

Odaily星球日报01/14 12:47

After the Implementation of Uniswap's Fee Switch: Is This DeFi Transformation's 'Report Card' Impressive Enough?

Uniswap's fee switch activation, implemented through the "UNIfication" proposal, marks a pivotal shift in its tokenomics by linking UNI tokens directly to protocol usage and revenue. Previously a governance-only asset, UNI now accrues value through a deflationary mechanism where a portion of protocol fees from Uniswap V2, V3, and Unichain is used to programmatically burn UNI tokens. An initial one-time treasury burn of 100 million UNI was executed to compensate holders for past unaccrued fees. Early data indicates an annualized protocol revenue of approximately $26-27 million, resulting in a revenue multiple of around 207x relative to UNI’s $5.4 billion market capitalization. The current annualized burn rate is estimated at 4-5 million UNI, representing only 0.4% of the circulating supply. This high valuation implies strong market expectations for future growth, requiring expanded fee capture—such as broader pool coverage, V4 hooks, and Unichain optimization—to justify current levels. The move reflects a broader DeFi trend toward "fee-hooked" token models, where tokens are designed to better align holders with protocol economics through mechanisms like burns, staker rewards, or ve-token lockups. This transition makes UNI more analytically grounded but also subjects it to greater scrutiny based on sustainable value accumulation and real yield generation. Regulatory developments regarding revenue-sharing tokens will also play a critical role in shaping its future.

marsbit01/14 10:05

After the Implementation of Uniswap's Fee Switch: Is This DeFi Transformation's 'Report Card' Impressive Enough?

marsbit01/14 10:05

Who Controls the Revenue Lifeblood of the Crypto Industry?

The article analyzes the revenue dynamics of the crypto industry, which generated over $16 billion in revenue in 2025—double that of 2024. The largest revenue drivers are stablecoin issuers like Tether and Circle, which account for 60% of total industry revenue. However, decentralized perpetual exchanges (perp DEXs) such as Hyperliquid, EdgeX, Lighter, and Axiom emerged as a significant new sector, collectively contributing 7-8% of total revenue—more than established DeFi sectors like lending and staking combined. Three key factors drive crypto revenue: spread income (e.g., interest from stablecoin reserves), transaction execution (e.g., perp DEXs enabling high-frequency trading), and distribution channels (e.g., token launch platforms like pump.fun). The article notes that perp DEXs, with their frictionless trading and liquidity advantages, are the only sector potentially challenging stablecoin issuers' dominance. Additionally, the industry is shifting toward value transfer to token holders via mechanisms like buybacks, burns, and fee sharing. In 2025, $33.6 billion (58% of total fees) was returned to token holders, reinforcing tokens as economic ownership claims rather than mere governance tools. This trend is expected to accelerate in 2026, especially as falling interest rates reduce the appeal of spread-based revenue.

marsbit01/14 09:52

Who Controls the Revenue Lifeblood of the Crypto Industry?

marsbit01/14 09:52

Explaining PUMP’s 5% gain amid $148.8M exchange transfer

Pump.fun's revenue has remained stable at approximately $1.59 billion, with network fees reaching $913 million, indicating strong platform usage. The project deposited an additional $148.48 million in stablecoins from its PUMP ICO sales into Kraken, continuing a pattern of large-scale treasury management. Despite these significant transfers, the PUMP token showed resilience, gaining 5.8% to trade at $0.0025. It found support at $0.0020 and exhibited rising bullish momentum, with increased trading volume and positive signals from momentum indicators like the RSI. If sentiment holds, PUMP may retest the $0.0027 resistance level.

ambcrypto01/13 15:31

Explaining PUMP’s 5% gain amid $148.8M exchange transfer

ambcrypto01/13 15:31

Tracing LIT’s road to recovery after whale’s $1.8M loss and revenue troubles

LIT faces significant challenges following a whale's $1.8 million loss on a long position and alarmingly low revenue of only $8,450 on January 12. These issues have eroded investor confidence and raised doubts about the token's utility and sustainability. Despite these setbacks, there are slight positive signals: Futures Open Interest has increased, indicating ongoing market participation, and liquidity is clustering above the $2.7 level, which could act as a support zone. A break above this level with strong volume might pave the way for recovery, but without decisive upward momentum, LIT remains in a fragile state with an uncertain future.

ambcrypto01/13 07:02

Tracing LIT’s road to recovery after whale’s $1.8M loss and revenue troubles

ambcrypto01/13 07:02

Stablecoin demand goes mainstream! Issuers rake in $5B on Ethereum

Stablecoin demand is going mainstream as they become a preferred method for everyday spending, with payment card usage surging 400% year-over-year. Industry leaders highlight the efficiency of blockchain-powered payments, enabling users to transact in dollars anytime, anywhere. Despite stagnant crypto prices, ERC-20 stablecoin active addresses and total supply are near record highs, driven by adoption in underbanked and high-inflation regions for cross-border transfers and business payments. In 2025 alone, stablecoin issuers generated approximately $5 billion in revenue from Ethereum deployments, benefiting from increased user activity. However, upcoming U.S. regulatory decisions on stablecoin yield rules could impact future growth and reward structures.

ambcrypto01/11 23:07

Stablecoin demand goes mainstream! Issuers rake in $5B on Ethereum