Data: In November, the total revenue of Solana ecosystem DApps reached 365 million USD, with Pump.fun becoming the first Solana protocol to exceed 100 million USD in monthly revenue
ChainCatcher news, according to the latest research report from Syndica, the Solana ecosystem experienced significant growth in November, with on-chain revenue reaching $92 million and total DApp revenue hitting a historical high of $365 million. Among them, Pump.fun became the first DApp in Solana to exceed $100 million in monthly revenue, reaching $106 million, accounting for 26% of the ecosystem's total revenue. DeFi applications contributed 83.7% of the revenue, with meme coin applications generating over $500 million in annual revenue, a 305-fold increase from $600,000 in January. Telegram trading bot revenue doubled to $82 million, maintaining DEX trading volume at 4-5%.The DEX platform Raydium achieved $32 million in revenue in November, accounting for 86% of total spot DEX revenue, and repurchased $28 million (approximately 5.4 million) worth of RAY tokens to distribute to stakers. Jupiter set a new revenue record of $17 million through perpetual contract business, with 75% of the rewards going to JLP liquidity providers. Phantom wallet's annual revenue reached $91 million, while Solflare reached $31 million. The lending platform Kamino Finance saw its revenue hit a new high of $2.9 million, with 80% coming from lending activities. Payment infrastructure Helio's revenue grew sevenfold to $316,000.