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Stablecoin Issuers Lead Weekly Fee Rankings
Ethereum recorded the sharpest short-term concentration of blockchain fee activity among eight major networks, while Uniswap V3 posted the largest weekly increase among the top fee-generating crypto services, according to DeFiLlama data reviewed as of Oct. 30, 2026.
Tether remained the overall leader, generating $120.6 million in both fees and revenue during the latest seven-day period, down 2% from $122.9 million the previous week. Circle's USDC ranked second with $47.7 million in fees and revenue, a 3% weekly decline.
In the data, fees represent the total amount paid by users. Revenue refers to the portion retained by a protocol or distributed to token holders. That distinction produced significant gaps for some services.
PumpSwap, a decentralized exchange on Solana, ranked third with $20 million in fees but only $2.4 million in revenue. Its fees fell 10% from the previous week. The off-chain Polymarket US prediction market generated $18.8 million in fees but reported no revenue, while Hyperliquid Perps produced $14.3 million in fees and $10.9 million in revenue, down 23%.
Solana token-launch platform pump.fun recorded $12.1 million in fees and $8.7 million in revenue. Ethereum liquid-staking service Lido generated $11.2 million in fees, up 1%, but reported revenue of $679,000. Uniswap V4 collected $10.2 million in fees, up 6%, with no reported revenue.
Uniswap V3 showed the strongest growth among the top 10, with weekly fees rising 61% from $6 million to $9.6 million. Revenue totaled $2.1 million. Polymarket International, which operates on Polygon, generated $8.3 million in fees and $4.2 million in revenue, a 12% increase.
Aethir Enters the Rankings as Smaller Projects Spike
Aethir led the list of fast-rising projects by fee volume. Classified as a developer-tools project on Arbitrum, it went from no reported fees in the prior seven-day period to $3.9 million.
Several smaller projects posted dramatic increases from low starting points. Ethereum block builder BeaverBuild rose from $7,000 to $2.6 million, a 373.5-fold increase. Arbitrum real-world asset project USD AI climbed from $48,000 to $1.9 million, or 38.8 times its earlier total. Aero Slipstream, a decentralized exchange operating on Arc and OP Mainnet, increased from $112,000 to $1.6 million.
Other gainers included Ethereum-based Liquity V2, which rose from $45,000 to $636,000, and BNB Smart Chain launchpad Genius.fun, which increased from $27,000 to $238,000. Bankr, operating on Base and Robinhood Chain, reached $327,000 from $68,000, while Midas RWA generated $905,000 across Base and OP Mainnet, four times its previous weekly total.
Short-Term Activity Shifts Toward Ethereum
Excluding fees recorded off-chain by issuers such as Tether and Circle, Ethereum generated $27.2 million in fees over 24 hours and $359.1 million over 30 days. Its short-term concentration ratio was 2.3, the highest among the eight networks examined. The measure compares one day of fees with the daily average over 30 days, so a higher figure indicates that activity has become more concentrated recently.
Solana generated $12.6 million over 24 hours and $455.8 million over 30 days, giving it a concentration ratio of 0.8. Hyperliquid reported $7.6 million and $172.4 million, respectively, with a ratio of 1.3.
Robinhood Chain generated $3 million in 24-hour fees and $96 million over 30 days. BNB Chain recorded $2.9 million and $91.4 million, while Coinbase-backed Base produced $2.5 million and $56.7 million. Polygon and Tron each generated $1.2 million over 24 hours, with 30-day totals of $41.3 million and $31.2 million, respectively.
High Yields Come With a Different Measure
Among liquidity pools holding at least $10 million in deposits, Uniswap V3's WETH-USDT pool on Ethereum showed an annualized yield of 632.48%, compared with a 30-day average of 29.45%. The pool held $86.6 million in deposits. Its USDC-WETH pool showed a 358.32% annualized yield, a 19.02% 30-day average and $52.7 million in deposits.
Those yield figures describe the terms available to depositors and should not be confused with protocol fees or revenue. Sharp increases in fees or annualized yields also do not establish that a project is safe or that its performance is sustainable. New and relatively small projects can show especially large swings because they begin from a low base.
Links to U.S. Crypto Companies and Markets
The rankings include several businesses and platforms with direct ties to the American crypto market. Circle, the issuer of USDC, placed second overall, while projects operating on Robinhood Chain and Coinbase's Base appeared in the network and fast-growth data. Polymarket's U.S. and international services also ranked among the leading fee generators, though their reported revenue differed substantially.
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