THECHAINOBSERVER / OBSERVATORY

Fundamentals.

Protocol fees, revenue & economic activity

PROTOCOL ECONOMICS

Follow the activity. Understand the economics.

Read reported fees alongside the portion attributed to the protocol and its token holders. Compare time windows and explore individual protocol versions without combining parent projects and their components.

11Versions reporting fees
11Versions reporting revenue
3Provider time windows
6hAutomatic collection target

SELECTED PROTOCOL VERSIONS

Look beneath the headline

11 protocols

LendingUSD

Aave V3

Individual version · no parent totals

Aave V3 reported fees and revenue in USD
WindowFeesRevenue
24 hours$1.15M$141.82K
7 days$9.11M$1.12M
30 days$37.05M$4.68M
Observation history & context

Snapshots of provider-reported 24-hour fees. Successive rolling windows overlap: do not sum them into monthly totals. Use the reported 30-day figure above.

Daily observations · 16 Sep–13 Oct 2026 · independent scale

Daily observations · 16 Sep–13 Oct 2026 · independent scale

Fees: Received · 13 Oct 2026 12:45 UTC
Revenue: Received · 13 Oct 2026 13:30 UTC
LendingUSD

Compound V3

Individual version · no parent totals

Compound V3 reported fees and revenue in USD
WindowFeesRevenue
24 hours$85.38K$8.50K
7 days$530.05K$56.27K
30 days$2.36M$240.21K
Observation history & context

Snapshots of provider-reported 24-hour fees. Successive rolling windows overlap: do not sum them into monthly totals. Use the reported 30-day figure above.

Daily observations · 16 Sep–13 Oct 2026 · independent scale

Daily observations · 16 Sep–13 Oct 2026 · independent scale

Fees: Received · 13 Oct 2026 12:45 UTC
Revenue: Received · 13 Oct 2026 13:30 UTC
CDPUSD

Sky Lending

Individual version · no parent totals

Sky Lending reported fees and revenue in USD
WindowFeesRevenue
24 hours$968.28K$438.77K
7 days$6.71M$3.15M
30 days$27.38M$13.52M
Observation history & context

Snapshots of provider-reported 24-hour fees. Successive rolling windows overlap: do not sum them into monthly totals. Use the reported 30-day figure above.

Daily observations · 16 Sep–13 Oct 2026 · independent scale

Daily observations · 16 Sep–13 Oct 2026 · independent scale

Fees: Received · 13 Oct 2026 12:45 UTC
Revenue: Received · 13 Oct 2026 13:30 UTC
Liquid StakingUSD

Lido

Individual version · no parent totals

Lido reported fees and revenue in USD
WindowFeesRevenue
24 hours$1.66M$101.31K
7 days$11.76M$720.92K
30 days$52.10M$3.22M
Observation history & context

Snapshots of provider-reported 24-hour fees. Successive rolling windows overlap: do not sum them into monthly totals. Use the reported 30-day figure above.

Daily observations · 16 Sep–13 Oct 2026 · independent scale

Daily observations · 16 Sep–13 Oct 2026 · independent scale

Fees: Received · 13 Oct 2026 12:45 UTC
Revenue: Received · 13 Oct 2026 13:30 UTC
YieldUSD

Pendle V2

Individual version · no parent totals

Pendle V2 reported fees and revenue in USD
WindowFeesRevenue
24 hours$13.54K$13.17K
7 days$71.32K$69.84K
30 days$387.89K$381.47K
Observation history & context

Snapshots of provider-reported 24-hour fees. Successive rolling windows overlap: do not sum them into monthly totals. Use the reported 30-day figure above.

Daily observations · 16 Sep–13 Oct 2026 · independent scale

Daily observations · 16 Sep–13 Oct 2026 · independent scale

Fees: Received · 13 Oct 2026 12:45 UTC
Revenue: Received · 13 Oct 2026 13:30 UTC
DexsUSD

Uniswap V3

Individual version · no parent totals

Uniswap V3 reported fees and revenue in USD
WindowFeesRevenue
24 hours$1.31M$337.19K
7 days$6.33M$1.61M
30 days$42.91M$10.17M
Observation history & context

Snapshots of provider-reported 24-hour fees. Successive rolling windows overlap: do not sum them into monthly totals. Use the reported 30-day figure above.

Daily observations · 16 Sep–13 Oct 2026 · independent scale

Daily observations · 16 Sep–13 Oct 2026 · independent scale

Fees: Received · 13 Oct 2026 12:45 UTC
Revenue: Received · 13 Oct 2026 13:30 UTC
DexsUSD

Uniswap V4

Individual version · no parent totals

Uniswap V4 reported fees and revenue in USD
WindowFeesRevenue
24 hours$2.13M$0.00
7 days$13.52M$0.00
30 days$82.76M$0.00
Observation history & context

Snapshots of provider-reported 24-hour fees. Successive rolling windows overlap: do not sum them into monthly totals. Use the reported 30-day figure above.

Daily observations · 16 Sep–13 Oct 2026 · independent scale

Daily observations · 16 Sep–13 Oct 2026 · independent scale

Fees: Received · 13 Oct 2026 12:45 UTC
Revenue: Received · 13 Oct 2026 13:30 UTC
DexsUSD

PancakeSwap AMM V3

Individual version · no parent totals

PancakeSwap AMM V3 reported fees and revenue in USD
WindowFeesRevenue
24 hours$242.59K$78.47K
7 days$1.65M$533.87K
30 days$10.53M$3.41M
Observation history & context

Snapshots of provider-reported 24-hour fees. Successive rolling windows overlap: do not sum them into monthly totals. Use the reported 30-day figure above.

Daily observations · 16 Sep–13 Oct 2026 · independent scale

Daily observations · 16 Sep–13 Oct 2026 · independent scale

Fees: Received · 13 Oct 2026 12:45 UTC
Revenue: Received · 13 Oct 2026 13:30 UTC
LendingUSD

Morpho Blue

Individual version · no parent totals

Morpho Blue reported fees and revenue in USD
WindowFeesRevenue
24 hours$818.26K$0.00
7 days$5.58M$0.00
30 days$21.33M$0.00
Observation history & context

Snapshots of provider-reported 24-hour fees. Successive rolling windows overlap: do not sum them into monthly totals. Use the reported 30-day figure above.

Daily observations · 22 Sep–13 Oct 2026 · independent scale

Daily observations · 22 Sep–13 Oct 2026 · independent scale

Fees: Received · 13 Oct 2026 12:45 UTC
Revenue: Received · 13 Oct 2026 13:30 UTC
Basis TradingUSD

Ethena USDe

Individual version · no parent totals

Ethena USDe reported fees and revenue in USD
WindowFeesRevenue
24 hours$22.70K$17.65K
7 days$4.43M$32.04K
30 days$17.89M$49.12K
Observation history & context

Snapshots of provider-reported 24-hour fees. Successive rolling windows overlap: do not sum them into monthly totals. Use the reported 30-day figure above.

Daily observations · 16 Sep–13 Oct 2026 · independent scale

Daily observations · 16 Sep–13 Oct 2026 · independent scale

Fees: Received · 13 Oct 2026 12:45 UTC
Revenue: Received · 13 Oct 2026 13:30 UTC
DerivativesUSD

Hyperliquid Perps

Individual version · no parent totals

Hyperliquid Perps reported fees and revenue in USD
WindowFeesRevenue
24 hours$2.77M$2.25M
7 days$17.15M$13.91M
30 days$84.55M$69.13M
Observation history & context

Snapshots of provider-reported 24-hour fees. Successive rolling windows overlap: do not sum them into monthly totals. Use the reported 30-day figure above.

Daily observations · 16 Sep–13 Oct 2026 · independent scale

Daily observations · 16 Sep–13 Oct 2026 · independent scale

Fees: Received · 13 Oct 2026 12:45 UTC
Revenue: Received · 13 Oct 2026 13:30 UTC

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