Odaily News The fee income earned by DeFi protocols in August fell 24.4% from July, hitting the lowest point since February this year. August's fee income was significantly lower than the $381.45 million in July, and even far lower than the $494.14 million in March. However, last month's protocol fees were still higher than the $265.18 million in February. Fee amounts are often used to measure the popularity and usage of DeFi protocols. In the month, DeFi protocols (excluding the base layer) accumulated fees of $288.38 million. Lido had the highest fee income at $76.18 million, followed by Uniswap, Jito and PancakeSwap. (The Block)