DEX and Launchpad Fees Reach Record $788 Million in September 2026

Decentralized exchanges and token launchpads generated $788 million in fees in September 2026, setting a monthly record as activity accelerated into the third quarter.

September’s total was 106% higher than the August figure. Fees across the two sectors reached $1.445 billion in the third quarter, a 157% increase from the second quarter.

Uniswap ranked first among the platforms listed, with about $420 million in fees during the quarter. pump.fun followed with approximately $368 million, while Pons generated roughly $185 million.

Together, the three platforms accounted for about 67% of third-quarter fees. Uniswap’s lead and the combined contribution from the three largest platforms highlight the concentration of fee activity across major decentralized trading and token-launch venues.