Traders Shifting Interest From Defi To Memecoin as Monthly DeFi Protocol Fees Dropped By 24%

The post Traders Shifting Interest From Defi To Memecoin as Monthly DeFi Protocol Fees Dropped By 24% appeared first on Coinpedia Fintech News August hit decentralized finance (DeFi) hard, with fees dropping by 24.4% from July, the largest fall since February. DeFi protocols, not including base layers, collected $288.38 million in fees for the month. Lido topped the list with $76.18 million, followed by Uniswap, Jito, and PancakeSwap. According to market researcher Nick Ruck, the drop in fees …