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September’s Fee Record Proves Treasury Yields Are Out-Earning DeFi’s Busiest DEXs

NullTX·September 29, 2026·1 min read
September’s Fee Record Proves Treasury Yields Are Out-Earning DeFi’s Busiest DEXs

Crypto generated more in fees this September than any other month this year, with days left. DefiLlama's fees dashboard shows a short list dominated by stablecoin issuers driving the record. Treasury yields are out-earning DeFi's busiest DEXs, highlighting a shift in yield generation within the crypto ecosystem.

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