Crypto protocols collected $4B in onchain fees in Q3 2026
- —Onchain fees reached $4.0 billion in Q3 2026, up 36% from the prior quarter
- —DeFi accounted for 62% of fees, led by Uniswap, Pump.fun and Polymarket
- —The number of fee-generating protocols rose to a record 1,942
- —Value distributed to token holders fell 6% to $1.5 billion
Why it matters: Rising fees signal recovering onchain demand, but shrinking payouts to token holders weigh on how the market values those tokens.
Source: Journal du Coin