29.1K @Mars_DeFi I still find Canton’s $63M+ 30D fees interesting but the transaction chart adds important context.
This looks more like concentrated institutional/batch-driven usage where a few high-value workflows can distort fee rankings.
If transactions remain under 500k while fees normalize, then the earlier fee run may have been more of an institutional event than a sustainable baseline.
I'm still watching this though.
29.1K @Mars_DeFi It's really interesting to see @CantonNetwork being top 4 in protocol fees over the last 30 days and it honestly feels like the surprise entry on this list.
When people talk about fee-generating protocols, the usual names are easy to predict:
Tether, Circle, Pump, Hyperliquid, Aave, Uniswap, Lido.
But @CantonNetwork sitting right there with $63.75M in 30D fees, above Hyperliquid, Aave, Uniswap, Lido and Polymarket, is not something I think many people had priced in.
That's what makes it interesting.
—
Canton is a more institutional-facing, privacy-focused chain built around regulated asset settlement.
So seeing that level of fee activity makes me wonder if something deeper is quietly happening there.
Because fees usually tell you where real usage is flowing.
And when a chain with less mainstream attention starts generating fees at the level of top crypto protocols, it raises a few questions:
• Is institutional settlement activity picking up?
• Are more tokenized assets moving through Canton?
• Are private
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6.6K @emkfinans #USDT.D analysis, enjoy spot buying zones, see you in the live broadcast ⬇️
https://t.co/nkJk6h7Hrc
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350.6K @sandeepnailwal 25.3% of USDT0 supply already lives on Polygon. bring on the agents
Polygon = intelligent money
2.1M @0xPolygon Payments at the speed agents need.
USDT0 on Polygon, everywhere.
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