Total commissions of the leading DeFi platforms declined 24.4% in August, down to $288 million.
This is driven by a shift of traders toward memecoins, affecting the market.
In August, the DeFi protocols fee accumulation dropped 24% from July. DeFi protocol’s total amount of fee, excluding the base layers is $288 million. This has recorded the lowest since February. In February, the total was $265.18 million. Uniswap led the list with protocol fees of over $85.44 million. August’s fees were lower than July’s $381.45 million and even lower than March’s $494.14 million.
In August, Lido topped the list with $76.18 million followed by Uniswap ($49.6 million), Jito ($31.98 million), and PancakeSwap ($27.34 million). Lido has been decreasing from March with $115.28 million in fees. Since then, it has recorded a lower accumulation comparatively. The fees of Lido in the past 24 hours is $1.97M leading the protocol ranking by exceeding the other.
Nick Ruck, a well-know
We współpracy z: https://thenewscrypto.com/defi-protocols-fee-accumulation-drops-to-lowest-since-february/