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Kumbaya Faces LP Backlash Over Reported 50% Fee Cut on MEGA Launch
Kumbaya drew backlash after liquidity providers said the MegaETH DEX reportedly kept 50% of LP trading fees during the MEGA launch without disclosing the split. DeFiLlama data shows the DEX generated more than $375,000 in protocol revenue between April 30 and May 1. Kumbaya said updated documentation on its fee structure is coming tomorrow, and later said the DEX remained safe to use after a site security alert.