LV / LUCA VALENTEON-CHAIN AND MACRO RESEARCH

Outlier of the day · 1 Oct 2026

Raydium's 30-day fees: the highest since August 2025

Raydium's 30-day fees: the highest since August 2025
Raydium's fees rose 395% in the 30 days to 30 Sep 2026; the median of its 15 peer DEXs rose 15%. Source: DefiLlama, CoinGecko.

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Raydium was the protocol farthest from its peers in the 30 days to 30 Sep 2026: +395%, against a peer median of +15%. The next largest gaps were Avalanche (fees, +217%) and Orca DEX (fees, +156%). Each figure compares one protocol with the median of its own sector, one protocol per family.

Data through 30 Sep 2026 · Source: DefiLlama, CoinGecko · Code & data on GitHub

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