DeFi Fees Hit $20 Billion in 2025 as On-chain Applications Drive Explosive Growth
Blockchain venture firm 1kx has released its inaugural Onchain Revenue Report, revealing that users paid a record $20 billion in on-chain fees in 2025. The analysis, covering over 1,000 protocols, shows decentralized finance (DeFi) leading the surge, with applications driving revenue growth while transaction costs have dropped sharply. DeFi Fees ...
