THORChain Fees Rebound but Remain 84% Below September Surge
THORChain’s seven-day fee total moved back above the week before the surge after a sharp drop during October 2–8, but it still stayed far below the September spike. One account also described the recent movement as a rebound from earlier lower fees.
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What it means
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Users and liquidity providers can see that THORChain’s seven-day fee total is back above the week before the surge, while the earlier October 2–8 period was still marked by a 91% drop. That changes the near-term picture they watch, because the latest reading is not the same as the prior low point even though it remains below the September spike.
In practice, the network is still operating with fee levels that remain far under the September surge, so the recent move does not erase the larger gap. What looks different now is the direction of the week-over-week comparison, while the broader distance from the surge stays in place.
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context
Where this sits in the THORChain series
| When | What happened | Figure |
|---|---|---|
| 20 days ago | RUNE a 0.8384 $ high | today it sits -23.5 % from there |
| 2 days ago | RUNE a 0.6183 $ low | today it sits +3.7 % from there |
From what we have stored, starting 22 days ago.
What could happen next
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