Three major DeFi applications, Hyperliquid, EdgeX, and Pump.fun, have collectively returned $96.3 million in revenue to token holders over the past 30 days, according to DefiLlama data. Hyperliquid led the distribution with $50.95 million, followed by EdgeX with $23.26 million and Pump.fun with $22.09 million. This trend highlights a shift in the crypto community's focus from trading volume to actual revenue generation. In annual terms, Hyperliquid generated $946 million, Pump.fun $481 million, and EdgeX $236 million in revenue. Andre Cronje, founder of Yearn.Finance, noted that DeFi is evolving into the infrastructure of the on-chain economy, with the stablecoin market reaching $320 billion and decentralized exchanges recording significant trading volumes.