🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
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.