After the market decline in early June, fees for DeFi lending protocols and decentralized exchanges fell significantly. Over the past 7 days, fees for Aave V3, Morpho Blue, and Maple Finance dropped by approximately 60%, 60%, and 59%, respectively, while fees for Uniswap V3 and Curve declined by 57% and 65%. Industry insiders believe this downturn mainly reflects market deleveraging and a cooling of risk appetite, rather than a structural deterioration in on-chain credit demand. However, based on 30-day data, most protocol fees are still higher than in the same period last month. (The Defiant)

AAVE7.25%
MORPHO0.95%
BLUE-0.17%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments