THORChain gross swap fees for the week of October 5–11 remained 84% below late-September levels when measured in RUNE terms, despite showing signs of recovery. The significant decline from recent highs indicates that fee generation has not yet returned to previous momentum. This reduction in protocol revenue directly shrinks income available to liquidity providers and node operators who rely on swap fees for yield. Sustained lower fee volumes may impact network participant incentives until trading activity rebounds to prior levels.