Meteora has surpassed Pump.fun in 24-hour protocol revenue, generating $1.33 million compared to Pump.fun's $1.16 million, according to Defillama data on January 18. This positions Meteora as the second-highest revenue-generating protocol, trailing only Tether, which reported $16.45 million in the same period. Circle follows Meteora with $6.6 million in revenue.