The upgrade introduces a default 5% gas reservation for eligible payments, while token listings and CAS20 activation require separate governance steps.

Buybacks and burns can count as holder revenue without putting cash in a wallet. A worked example separates those flows from treasury income and staking payouts.

A matched one-ETH example shows how fees shrink a quoted gap—and why prefunding moves transfer risk to rebalancing rather than removing it.

Perpetuals turnover reached $17.44 billion on Oct. 29, while liquidations climbed to about $252 million and outstanding positions declined.

A hypothetical $200 position grows to $400 before fees, but unchanged holdings reach $500 at the same final prices.

Daily transaction fees rose to $158, but data posted to Celestia slipped on the latest complete day.

The VolatilePair Hook adds temporary charges on trades reversing large price moves, aiming to retain more arbitrage value for liquidity providers.

The discussion-stage plan would send the remaining v3 and Infinity fees to the treasury, while leaving v2’s CAKE burn mechanism intact.

JUP outpaced bitcoin and ether despite a 5.6% weekly pullback. Fees across Jupiter’s products fell to $16.82 million in the latest complete 28-day period.

The latest seven-day total is back above the pre-surge week, after fees plunged 91% in Oct. 2–8.