Solana generated $1.3B in REV in 2025.
What this means?
REV (Real Economic Value) measures what users actually pay to transact onchain. It's the "top line" metric for blockchains, capturing both protocol fees and out-of-protocol tips.
Here's how Solana's $1.3B breaks down:
➤

Solana led with $1.3B, nearly 60% ahead of second place.
Hyperliquid at $816M is the standout. A perp DEX generating more revenue than Ethereum ($524M), Tron ($608M), and literally every L2. No VC funding, no token until late 2024, and now sitting in second spot already.
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