📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
🎮 This round focuses on: Yooldo Games (ESPORTS)
✍️ Share your unique insights and join promotional interactions. To be eligible for any reward, you must also participate in Gate’s Phase 286 Launchpool, CandyDrop, or Alpha activities!
💡 Content creation + airdrop participation = double points. You could be the grand prize winner!
💰Total prize pool: 4,464 $ESPORTS
🏆 First Prize (1 winner): 964 tokens
🥈 Second Prize (5 winners): 400 tokens each
🥉 Third Prize (10 winners): 150 tokens each
🚀 How to participate:
1️⃣ Publish an
PancakeSwap and Pump.fun help push DeFi fees to the highest level in 2025 as onchain activities regain growth momentum.
Monthly DeFi fees have risen to approximately 577 million USD, bouncing back strongly from a low of 366 million USD in April. This 58% growth indicates a resurgence in decentralized finance protocols as users shift toward on-chain financial services. PancakeSwap is leading with 275 million USD in fees from its automated market making and yield farming services. DeFi platforms offer peer-to-peer trading, helping to reduce costs compared to traditional banks.
The business model of protocols has evolved with diverse fee structures in lending, trading, and staking. Competition increases as protocols optimize to generate revenue while still attracting users. The prominence of Pump.fun in memecoin trading indicates that the trend of decentralized fee collection is becoming popular.