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1kx Says On-Chain Protocol Fees Fell 33% in the Second Quarter

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2026-07-24 01:13:21
1kx said on-chain protocol fees decreased 33% year-over-year in the second quarter. According to NS3.AI, DEX fees dropped $625 million, or 57%, while perpetual contract and prediction market fees rose 22% year-over-year.

The firm also said Polymarket's single-quarter fees approached $100 million.
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