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Fee compression has become unstoppable in crypto markets.
Public blockchains already demonstrated it. Perpetual DEXs proved the model works at scale. Now the pressure extends across every segment—spot trading, lending protocols, settlement layers. The market's trajectory is clear.
Most overlook just how decisive competitive pricing becomes. Once users experience near-zero fees, switching costs evaporate. Every protocol without a viable fee story faces structural disadvantages. It's not hype; it's simple economics reshaping market structure.