Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
DeFi Fees Hit $20 Billion in 2025 as On-chain Applications Drive Explosive Growth

DeFi Fees Hit $20 Billion in 2025 as On-chain Applications Drive Explosive Growth

DeFi PlanetDeFi Planet2025/10/31 22:45
By:DeFi Planet

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 Hit $20 Billion in 2025 as On-chain Applications Drive Explosive Growth image 0 DeFi Fees Hit $20 Billion. Source: 1kx

DeFi dominates on-chain revenue

According to the report, fees totaled $9.7 billion in the first half of 2025 alone, marking the second-highest level since H2 2021. Unlike previous periods, when high Proof-of-Work costs inflated fees, today’s revenue comes primarily from applications such as DeFi platforms, decentralized infrastructure projects (DePIN), wallets, and consumer-facing apps. Application usage jumped 126% year-over-year, reflecting growing mainstream adoption of blockchain technology.

Robert Koschig, Head of Economics at 1kx, highlighted that “on-chain fee generation provides a clear, quantifiable metric of a protocol’s real-world utility and economic value,” stressing its importance for investors seeking transparency and measurable adoption trends.

Efficiency and innovation fuel growth

The report emphasizes that infrastructure improvements have reduced transaction costs by more than 90% compared to 2021, enabling higher adoption and broader participation. The top 20 protocols accounted for 70% of total revenue, yet the report notes that nimble innovators can quickly disrupt incumbents due to blockchain’s rapid scalability .

High-growth areas identified include tokenization, DePIN, wallets, and consumer applications, while regulatory easing has encouraged institutional participation. Looking ahead, 1kx projects that on-chain fees could grow 60% year-over-year in 2026, exceeding $32 billion, driven largely by applications.

1kx plans to release these reports semi-annually to provide insight into cost efficiency, user engagement, and investor demand, offering a transparent view of on-chain economic activity that is increasingly shaping blockchain valuations.

In parallel, Bybit’s latest DeFi report highlights that real-world assets (RWA) and decentralized exchanges (DEXs) are now key drivers of DeFi growth, signaling a shift from the speculative boom of 2020 toward institutionally-driven, practical use cases.

 

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

BNB News Today: AI and Blockchain Unite to Transform the Industry Through Decentralized Innovations

- ChainOpera, an AI-powered blockchain project, raised $40M+ in funding to expand decentralized infrastructure, highlighting growing investor confidence in AI-blockchain convergence. - FedEx partners with ServiceNow to implement AI-driven supply chain analytics, aiming to boost operational efficiency through real-time disruption prediction and automation. - BNB Chain emerges as an AI innovation hub with Avalon Labs' AI-MaaS marketplace and AEON's autonomous payment SDK, enabling decentralized AI model depl

Bitget-RWA2025/11/05 04:36
BNB News Today: AI and Blockchain Unite to Transform the Industry Through Decentralized Innovations

TRX News Today: Limited Supply and Strong Fundamentals Drive Crypto Market Mergers, Elevating TRON, Mantle, and BlockDAG

- Crypto market consolidation highlights TRON (TRX), Mantle (MNT), and BlockDAG (BDAG) as key momentum drivers for late 2025-2026. - TRON shows DeFi resilience with $11.21M TRX accumulation and improved liquidity, though bearish risks persist below $0.2764 support. - Mantle (MNT) near $1.63 psychological level gains risk-on traction, with $1.40–$1.60 zone critical for sustained recovery. - BlockDAG (BDAG) attracts attention via $435M presale, 15,000 TPS DAG tech, and 10x listing potential at $0.05 by Feb 2

Bitget-RWA2025/11/05 04:36
TRX News Today: Limited Supply and Strong Fundamentals Drive Crypto Market Mergers, Elevating TRON, Mantle, and BlockDAG

Bitcoin Updates: Bitcoin Drops 8% in October, Treasury Holdings Increase as Companies Strengthen Digital Asset Reserves

- Marathon Digital transferred 2,348 BTC ($236M), reflecting institutional Bitcoin accumulation amid October's 8% price drop. - Firms like MicroStrategy and Hut 8 increased holdings to 804,680 BTC, adopting countercyclical strategies despite $18.8B market cap declines. - Energy diversification and regulatory reviews (e.g., FHFA mortgage implications) highlight Bitcoin's evolving role as a reserve asset. - Treasury firms face valuation risks but maintain bullish strategies, with MARA targeting 50% internati

Bitget-RWA2025/11/05 04:20
Bitcoin Updates: Bitcoin Drops 8% in October, Treasury Holdings Increase as Companies Strengthen Digital Asset Reserves

"MEET48Best7 Sparks a Web3 Trust Transformation through Anti-Whale Technology and DeFi Feedback Mechanisms"

- MEET48Best7 2025 Web3 event launches Nov 5-Dec 25, spotlighting decentralized innovation through blockchain projects. - Luxxcoin debuts Nov 24 TGE with anti-whale caps, transparent scoring, and proof-of-participation token distribution to combat centralization. - Mutuum Finance's Q4 2025 V1 launch features fee-driven token buybacks and daily $500 MUTM rewards to incentivize DeFi engagement. - Both projects highlight Web3's shift toward equitable tokenomics and community governance, aligning with event's

Bitget-RWA2025/11/05 04:20
"MEET48Best7 Sparks a Web3 Trust Transformation through Anti-Whale Technology and DeFi Feedback Mechanisms"