HoodChain Pulse: USD 1.03 billion of DEX volume in a day, and who collected the fees
News · 2026-08-30 · 300 words
On day 60 of mainnet the chain did USD 1.03B of DEX volume and USD 8.7M of fees in 24 hours. Pons and Uniswap took most of the fees; GMGN was the most profitable third party.
Numbers pulled at 06:20 UTC on August 30, sixty days after mainnet.
The day in numbers
| Metric | Value |
|---|---|
| Total value locked | USD 708 million, up from USD 560 million ten days earlier |
| DEX volume, 24h | USD 1.03 billion (USD 5.5 billion over 7 days) |
| Fees, 24h | USD 8.7 million |
| Protocol revenue, 24h | USD 1.84 million |
| Transactions, trailing day | 12.4 million |
| Addresses, cumulative | 17.5 million |
| Gas, average | 0.17 gwei, about USD 0.05 per swap |
About USD 490 million of the TVL is Morpho and Steakhouse USDG lending, the pool that backs Robinhood Earn.
Who collected the fees
Pons V2 took USD 3.93 million of fees in the day, Uniswap v4 USD 2.40 million, Uniswap v3 USD 1.28 million, the GMGN trading bot USD 956k, the chain itself USD 551k in gas, Pons V1 USD 367k. Ranked by revenue kept rather than fees generated, GMGN led at USD 803k, then Pons V2 at USD 611k, then the chain at USD 495k.
Where the volume came from
The USDG/WETH 0.01% Uniswap v3 pool alone did USD 181 million on USD 7.5 million of liquidity, with 820,000 swaps from about 37,000 buyers: bot flow. The busiest retail pool was MICRODUCK, USD 38 million of volume in a day on USD 257k of liquidity, and down 90% over the same 24 hours. NVDA/USDG did USD 12.7 million, SPY/WETH USD 11.9 million.
The read
Volume and fees are real and large. They are concentrated in a bot pool, a launchpad, and a handful of memecoins that do not last a week. The stock tokens are a small but steady second act. Our daily cards will keep score.