The post Top 15 Projects by Total Revenue in 2025: Tether and Circle Remacom. LunarCrush, a platform that uses artificial intelligence December 25, 2025 Circle is the runner-up in this race with 7. 5M active addresses and also shows considerable growth in revenue, which is about $2. 4B, during the year 2025. The next one is Hyperliquid, which shows very good growth in TVL about $4. 1B, and has 292. 7K active addresses with $630M revenue generation. Phoenix Group has revealed this news through its official X account. Pump Fun, Ethena, and PancakeSwap Lead the Crypto Revenue Race in 2025 Pump Fun stands at the fourth position with 864. 9K active addresses, along with the $549M revenue generated and TVL of $199. 3M in 2025. Then comes Ethena with $389M in revenue generation and TVL of $6. 5B. Ethena also has 38. 7K active addresses. In addition, the Axiom project comes with $357M in revenue generation. Sky project appeared with the value of 699. 1K in active addresses perspective and holding a TVL of $6. 1B with $355M in revenue generated. PencakeSwap has a central position in the given top projects, having successfully generated revenue of $317M and TVL of $2. 4B, along with $2. 0M active addresses. Moreover, Phantom has earned revenue of $293M in the year 2025. Aerodrome Secures 10th Spot as Revenue and Usage Define Crypto 2025 The Aerodrome project could earn the 10th position in the given list.