Fantasy.top and Pump.fun are two emerging cryptocurrency protocols that have quickly risen to the top ten rankings in terms of fees and revenue generated. Despite being relatively new, both platforms have gained substantial user bases and high trading volumes, as reported by DefiLlama data.
Fantasy.top, a decentralized exchange specializing in trading cards of well-known crypto personalities, currently holds the seventh spot on the list. It falls behind Tron but surpasses BNB Smart Chainβs PancakeSwap in terms of revenue. DefiLlama data shows that Fantasy.top has generated over $924,000 in fees in the last 24 hours and more than $9 million in the past month.
Launched on May 1 by the pseudonymous creator Travis Bickle, Fantasy.top saw a surge in popularity after receiving endorsements from influential crypto figures like Ansem. Bickle mentioned on social media platform X, “Following the Ansem tweet, our growth has been explosive. While weβve seen Fantasyβs virality from the start, the scale this time is unprecedented.”
Pump.fun, on the other hand, is a platform designed for launching and trading meme coins, holding the eighth spot in terms of fees generated. DefiLlama data shows that Pump.fun set a daily revenue record of over $752,000 on a recent Tuesday.
The platform enables users to create meme coins by providing a name, ticker, and JPG image for less than $2 without the need for seed liquidity. Pump.fun also aims to prevent rug pulls by ensuring that tokens launched on the platform have no pre-sales or team member allocations.
Both Fantasy.top and Pump.fun exemplify the dynamic nature of the cryptocurrency landscape, showcasing the significant user interest and financial activity in decentralized and innovative trading platforms.
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