After the market downturn in early June, fees for DeFi lending protocols and decentralized exchanges have dropped significantly. Over the past 7 days, fees for Aave V3, Morpho Blue, and Maple Finance have decreased by approximately 60%, 60%, and 59%, respectively. Meanwhile, fees for Uniswap V3 and Curve have fallen by 57% and 65%, respectively. Industry insiders believe this decline mainly reflects market deleveraging and cooling risk appetite, rather than a structural deterioration in on-chain credit demand. However, looking at the 30-day data, most protocol fees are still higher than the same period last month. (The Defiant) https://www.(wublock123.com)/news/defi-fees-fall-june-market-deleveraging-62924