BNB Chain Network Generated Over $350 Million in Fees in Q3 This Year

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BNB Chain recorded USD 357.3 million in fee revenue in Q3, the highest since Q1 2023.

Figures released by Token Terminal show that fee revenue comes from multiple platforms such as PancakeSwap, Venus, Uniswap, Solv Protocol, AAVE, APX, Thena, Euler, DODO , and LayerZero, reflecting increased on-chain activity on BNB Chain.

MAIN CONTENT
  • BNB Chain's Q3 fee revenue reached USD 357.3 million, the highest since Q1 2023.
  • Major contributions come from DEXs, lending protocols, and cross- chain solutions like PancakeSwap, Venus, Uniswap, Solv, AAVE, APX, Thena, Euler, DODO , and LayerZero.
  • Data shows increased trading and integration activity on the BNB Chain network, pushing fee revenue to record levels.

BNB Chain Fee Revenue Figures

BNB Chain achieved USD 357.3 million in fee revenue in Q3, the highest since Q1 2023.

This figure represents the total fees users paid on the network during the period, including decentralized exchange transactions, lending protocol fees, and costs related to cross-chain integrations. The increase compared to previous quarters indicates an increasing trend in on-chain activity.

BNB Chain recorded USD 357.3 million in fee revenue in Q3, reaching its highest level since Q1 2023. Major contributors include PancakeSwap, Venus, Uniswap, Solv Protocol, AAVE, APX, Thena, Euler, DODO , and LayerZero.

Token Terminal, data platform

Major Contributing Platforms

Platforms that contribute significantly to fee revenue include PancakeSwap, Venus, Uniswap, Solv Protocol, AAVE, APX, Thena, Euler, DODO , and LayerZero.

This list includes decentralized exchanges (DEXs), lending protocols, and cross- chain solutions; each contributing in its own way through transaction fees, smart contract fees, and cross-chain costs. The diversity of providers means that fee sources are not dependent on a single pool.

Implications for the BNB Chain Ecosystem

Record fee revenue shows increased network usage and more on‑chain economic activity on BNB Chain.

Growing fee revenue can be attractive to developers and investors as it demonstrates increasing liquidation, user base, and application integration, while also providing revenue for network maintenance and development.

Where does this data come from?

Data published by Token Terminal on social media platforms, summarizing fee revenue on BNB Chain for Q3.

What is the exact number?

BNB Chain achieved a total fee revenue of USD 357.3 million in Q3.

Which platforms contribute the most?

Major contributing platforms include PancakeSwap, Venus, Uniswap, Solv Protocol, AAVE, APX, Thena, Euler, DODO , and LayerZero.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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