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DEX Fees Reach 2026 High in September

DEX protocols generated $539M in fees in September, the highest monthly total of the year. Q3 fees reached $1B, broadly matching Q4 2025 levels and rising by 130% from Q2. Uniswap led with a 24.7% share of Q3 fees, while the top three protocols together accounted for roughly 54% of the total.

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