Can anyone explain to me what this is?

Pump.fun's revenue in the past 24 hours reached $1.99 million, setting a record for the highest single-day revenue in history

According to DefiLlama data, pump.fun's revenue in the past 24 hours reached $1.99 million, surpassing Ethereum, Tron, and Solana, ranking first; the current cumulative revenue is $52.25 million.

At the same time, pump.fun also set a record for the highest single-day revenue in history. The previous record was $1.48 million on May 30.