2026-01-03 09:22:31

According to the latest data statistics, the 2025 DeFi fee ranking list has been released. Meteora, Jupiter, and a leading DEX protocol took the top three spots, with their annual fees surpassing $1 billion—specifically $1.25 billion, $1.11 billion, and $1.06 billion respectively. Honestly, this performance really reflects the activity level of the DeFi market. The increasing fee scale indicates that trading volume and user stickiness are both on the rise. These leading protocols are able to maintain this level mainly because of solid product experience and ecosystem development.

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SoliditySlayer

· 01-06 09:16

Handling fees over 1 billion+? But it feels like this is just the beginning, the real show is still to come. --- Why is Jupiter making so much money? I need to see what new tricks they've been up to lately. --- Solid ecosystem development, right? That's true, but the key is whether there is real demand to support it. Otherwise, they'll fall behind sooner or later. --- Meteora, this dark horse, came out a bit quickly. I haven't heard much about it before. --- Handling fees at the billion-dollar level definitely increase user stickiness, but will the competition become fiercer later, causing fees to decrease? --- This ranking looks good, but I'm more interested in which of these three can last the longest. It's too easy to be overtaken by new projects. --- Ultimately, it still depends on who provides the smoothest user experience. Everything else is superficial.

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ForkTongue

· 01-03 09:47

Transaction fees exceed one billion, this level of popularity is indeed quite intense Jupiter has been very stable in this wave, with a broad ecosystem I'm curious about how Meteora, this dark horse, rose to prominence With such fierce competition inside DEXs, are users really making money? If the liquidity war continues, how will small and medium players survive? Even with better product experience, gas fees remain a hurdle If these numbers were available last year, they would have been hyped up; now it feels a bit more normal Higher transaction fees do not necessarily mean a better ecosystem; don’t be fooled by surface data Wait, can these three really stay stable? The DeFi trend changes so quickly

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BtcDailyResearcher

· 01-03 09:44

Oh wow, Jupiter's 1.1 billion is indeed impressive, but the real money makers are still those LPs. --- Meteora breaking through 1.2 billion shows that the SOL ecosystem is really taking off, not just hype. --- Increasing transaction fees is making me a bit worried; could it be overextending trading activity and leading to a lack of momentum? --- All three surpassing 1 billion—this data can be bragged about for a while haha. --- Honestly, it still depends on who has the most comprehensive trading pairs; user stickiness is the key. --- These protocols on Solana are so strong right now; if Ethereum were the same, it would have already broken 2 billion. --- I feel like Jupiter's user experience is definitely the smoothest, otherwise it wouldn't be consistently in second place. --- I'm curious how much of that 1 billion is contributed by MEV and sandwich attacks. --- Solid ecosystem development is the right approach, but we still need to see if the next bull market can keep it up. --- These numbers look good, but the real test is still ahead.

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RugResistant

· 01-03 09:33

wait hold up, those fee numbers... analyzed thoroughly and something feels off here. need to dig deeper into meteora's contract architecture before taking this at face value ngl. red flags detected 👀

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LiquidatorFlash

· 01-03 09:31

$1.25 billion sounds impressive, but is the risk control mechanism really keeping up behind this surge in trading volume?

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