# Pump.fun Generated 39% of Solana Application Revenue in Q3

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/39245
Published: 2026-10-23T19:23:43.000Z
Updated: 2026-10-23T19:23:43.000Z
Section: Investing

> Pump.fun brought in about $145 million. Solana's DeFi TVL rose 33% to $6.485 billion at quarter-end.

Solana applications generated about $369 million in on-chain revenue during the third quarter, up 43% from the prior quarter, with Pump.fun accounting for the largest share.

Pump.fun generated about $145 million, equal to roughly 39% of the quarter's application revenue.

At quarter-end, Solana's decentralized finance (DeFi) total value locked (TVL) was about $6.485 billion, up 33% from the previous quarter-end. OnRe ended the quarter with about $292 million in TVL, up 42% over the same period.