Top 10 DeFi Protocols by Revenue for September 2026
In September 2026, leading positions in the decentralized finance sector were occupied by protocols not related to stablecoin issuance or real-world asset tokenization.
The ranking was compiled excluding stablecoin issuers and RWA projects.
Top 3 by revenue:
- Hyperliquid
- PumpFun
- GMGN









