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Video breakdown

Phil walks through the application revenue review.

App revenue · Solana · Hyperliquid · Ethereum · Base · BSC

Application revenue review: Solana leads as daily and weekly rankings diverge

Apps on Solana kept more money than apps on any other chain in every window: 44% of today's total across these five chains. Base beat BSC today, but BSC is ahead over the week and month. Revenue shows who earned, not whether it will last.

DefiLlama app revenue by chain Base / BSC swap
Ecosystem24h7d30d
Solana$5.33M$40.40M$159.05M
Hyperliquid L1$2.91M$16.06M$77.95M
Ethereum$1.94M$11.30M$54.04M
Base$1.22M$4.46M$27.68M
BSC$702k$8.34M$35.85M
TL;DR
  1. What this measures: the money apps (exchanges, lending markets and so on) keep for themselves after users pay them. Not chain gas fees, and not profit.
  2. Solana apps lead every window. Today they earned $5.33M, about 2.7× Ethereum and 44% of the five-chain total. Over the last week the share was half.
  3. Base beat BSC today ($1.22M vs $702k), but BSC leads over 7 and 30 days. Base's day was 1.9× its weekly average, after a week that ran about 37% below the rest of its month.
  4. A total can't show whether one app earns it all, or whether incentives are paying for it. Those decide if revenue lasts.
Dashboard 01

App revenue at a glance

DefiLlama app revenue · 3 Sep 2026 · ratios derived

Solana, 24h
$5.33M#1 all windows
44.0% of the five chains
Solana vs Ethereum, 24h
2.7×
$5.33M vs $1.94M
Solana, 30d
$159M
Over 2× Hyperliquid's $78M
Hyperliquid, 24h
$2.91M
#2 in every window
Base today vs weekly average
1.9×
$1.22M vs $637k a day
BSC today vs weekly average
0.59×
$702k vs $1.19M a day
BSC vs Base, 7d
1.9×BSC ahead
$8.34M vs $4.46M
Five ecosystems, 30d
$354.6M
$12.1M in the last 24h
01 / Leaders

Solana leads, and the gap is wide

Application revenue is what apps keep from the fees users pay them, under each app's tracking rules. Think of it as the takings of the businesses built on a chain, rather than the toll the chain itself charges.

On that measure Solana is well ahead. Its apps earned about 2.7 times what Ethereum's did in the last day, and 44% of the total for these five chains. That's a share of this sample, not of every app on every chain. Hyperliquid's L1 is a steady second in all windows, and Ethereum a steady third.

Dashboard 02

App revenue by chain, three windows

DefiLlama app revenue · USD

Last 24 hours

Last 7 days

Last 30 days

Dashboard 03

Share of the five-chain total

Totals: $12.1M (24h) · $80.6M (7d) · $354.6M (30d) · hover for values

SolanaHyperliquidEthereumBaseBSC

Solana's share peaks at 50.1% over 7 days. Base's share is twice as large today (10.1%) as over the week (5.5%).

02 / The swap

Base wins today, BSC wins the week

The top three hold the same order in every window. The bottom two swap. Today Base earned $1.22M against BSC's $702k. Over seven days BSC earned nearly twice as much as Base, and over thirty days about 30% more.

Base's latest day was about 1.9 times its average day of the past week. But that week was weak: it averaged about 37% less per day than the 23 days before. BSC is the mirror image: a steady week, then a quiet day at about 0.6 times its average. One strong day isn't a trend. The question is whether Base's jump holds.

Dashboard 04

Rank by window

1 = highest app revenue · hover for values

SolanaHyperliquidEthereumBaseBSC
Dashboard 05

Today vs an average day

Weekly average = 7d ÷ 7 · monthly average = 30d ÷ 30 · derived

vs 7-day averagevs 30-day average
Dashboard 06

Last week vs the rest of the month

Average daily app revenue · last 7 days vs the 23 days before · derived as (30d − 7d) ÷ 23

Earlier 23 daysLast 7 days

Change in average daily revenue

Last week's share of the month

Steady pace = 7 ÷ 30 ≈ 23%.

03 / Interpretation

Where the money comes from matters

Two chains can show the same revenue and carry very different risk. If one app earns most of it, the whole ecosystem's number rises and falls with that app. If earnings are spread across trading, lending and payments, a problem in one area matters less. The chain-level totals here can't tell those cases apart.

Durability matters too. Revenue earned while users are being paid rewards to show up may fade once the rewards stop. Judging whether revenue is sustainable, or whether it benefits token holders, needs costs, incentives and distribution rules.

Dashboard 07

Same revenue, different risk

Illustrative · two hypothetical ecosystems each earning $10M

Ecosystem A depends on one app. Ecosystem B would survive a shock to any single source. The real split for each chain needs app-level data.

Dashboard 08

What app revenue is, and what it isn't

Four numbers that are easy to confuse

Gross app fees

Everything users pay an app, before it shares any with liquidity providers or others.

◐ Bigger number
App revenue

The part the app keeps. This review.

● Measured
Chain gas fees

What users pay the blockchain itself. A different layer (see the fee review).

◐ Separate layer
Profit and token value

Revenue minus costs and incentives; whether any reaches the chain's token.

✕ Not measured
Dashboard 09

What would make the finding stronger

Questions the totals can't answer

Top-app share

How much of each chain's revenue comes from its biggest app.

Concentration
Revenue by type

Trading vs lending vs payments vs other.

Diversity
Incentive spend

Rewards paid to attract the activity.

Durability
Base's next weeks

Does the 1.9× day turn into a trend?

Persistence
Dashboard 10

Evidence scorecard

What the snapshot supports today

Solana apps earn the most in every window

$5.33M (24h) to $159M (30d); 44% of today's sample.

● Established
Base beats BSC today; BSC leads over 7d and 30d

Visible directly in the table.

● Established
Base's day is a jump after a weak week

1.9× weekly average; week ≈37% below prior pace.

◐ Derived
Base's growth is persistent

One day can't show it.

✕ Not established
Revenue is spread across many apps

Needs app-level breakdown.

✕ Not established
Revenue is profit or benefits token holders

No costs, incentives or distribution data.

✕ Not supported
04 / DashMode's assessment

Clear leader, open questions

Solana's lead in app revenue is large and consistent across every window. Hyperliquid and Ethereum hold steady behind it. The Base and BSC swap is the live question: one strong day against a week that pointed the other way.

The next step is to look inside the totals: which apps earn the money, how much of it is propped up by rewards, and whether Base's jump repeats over the coming weeks.

Dashboard 11

DashMode's app-revenue method

For a recurring revenue report

One source, three windows24h, 7d and 30d from the same page.
Own baselinesEach chain against its own average day.
Open the totalTop-app share and revenue by type.
Net out incentivesSeparate paid-for activity from organic.
Keep layers apartGross fees, revenue, gas and profit never mixed.
Sources

Methodology and limits. Uses DefiLlama's chain-level application revenue series retrieved on 3 Sep 2026. Revenue follows each tracked app's adapter definition and is distinct from gross app fees, chain gas fees and audited net profit. Coverage is limited to tracked apps and provider attribution rules. Shares are of this five-chain sample only. Baselines divide 30-day revenue by 30 and 7-day revenue by 7; the "earlier 23 days" average is (30d − 7d) ÷ 23 and assumes aligned windows. Dashboard 07 is illustrative. No operating costs are reconstructed and no claim is made that app revenue accrues to a chain's token. Exact upstream cutoffs were unavailable. Dated research, not a live feed. Not investment advice.