Derivatives protocols, led by Perp DEX, have captured $109 million in fees over the past week, according to CMC data. This positions them just behind stablecoin issuers, which collected $215 million, and decentralized exchanges (DEXs), which garnered $188 million. Lending protocols secured $57.86 million in fees, while liquid staking protocols captured $57.62 million. Launchpad platforms ranked sixth, with $25.59 million in fees.