Pyth Entropy

Q3 2026 Fee Proposal

Raising the protocol fee floor to $0.02 per request — leaving proven winners untouched and recalibrating underpriced chains against token-price drift.

Raise the floor to $0.02Leave winners aloneRecalibrate laggards

$0

Q2 DAO Revenue

Apr–Jun 2026

+438%

Q2 vs Q1 Growth

$1,491 → $8,022

$0.02

New Fee Floor

up from $0.01 · +100%

0

Chains Recalibrated

2 winners · 3 excluded

01

Q2 Performance

DAO protocol revenue has compounded since the fee launched · Feb–Jun 2026

Cumulative DAO Revenue

Total collected · reaching $9,513 by June

Q2 total ~$8,000

Quarter over Quarter

Q1 vs Q2 protocol revenue

Q1 · Feb–Mar$1,491
Q2 · Apr–Jun$8,022
Growth +438%

Monthly DAO Revenue

Feb → Jun 2026

Feb
Mar
Apr
May
Jun

Q2 Total ($)

8,022

June Peak ($)

3,324

02

Revenue Concentration

June 2026 DAO revenue by chain — where the fees actually come from

June Revenue by Chain

Share of $3,324 collected in June

Apechain
$2,99490%
Base
$1294%
Monad
$1043%
Soneium
$1003%
Others
<$50<1%

Apechain Carries the Protocol

Why the strategy protects proven demand

90%of June DAO revenue
came from a single chain

A handful of chains — Base, Monad, Soneium — split the remaining 10%; everyone else is under 1%.

With revenue this concentrated, the Q3 plan raises the floor without disrupting the chains that are already working.

03

Fee Drift

Token price moves have pushed live fees away from the $0.01 target — the case for a new floor

Current USD Value per Chain

Ranked high → low · dashed guides mark $0.01 and the new $0.02 floor

$0.01
$0.02 floor

HyperEVM

0.0004 HYPE

$0.027

Above target

Apechain

0.12 APE

$0.019

Above target

Sei

0.2 SEI

$0.010

On target

ETH chains

0.000005 ETH

$0.009

Slightly low

Monad

0.37 MON

$0.008

Below target

KAIA

0.22 KAIA

$0.008

Below target

Zetachain

0.2 ZETA

$0.007

Low

Etherlink

0.03 XTZ

$0.007

Low

Sonic

0.25 S

$0.006

Low

Berachain

0.025 BERA

$0.005

Very low

Status Legend

Above target

HyperEVM, Apechain

On target

Sei

Slightly / below

ETH, Monad, KAIA

Low / very low

Zeta, Sonic, Berachain…

Seven of ten chains now sit below the old $0.01 target, some at half of it. A higher, fixed floor absorbs this volatility.
04

The Q3 Proposal

A $0.02 floor — leave winners alone, recalibrate the laggards

Unchanged · Working
Apechain$0.019

0.12 APE

80% of volume · +277% growth

Unchanged · Working
HyperEVM$0.027

0.0004 HYPE

Stable activity · premium pricing working

Fee Increase Magnitude

Percentage change to reach the $0.02 floor · winners held at 0%

14 chains
Abstract+100%
0.0000050.00001ETH
Arbitrum+100%
0.0000050.00001ETH
Base+100%
0.0000050.00001ETH
Blast+100%
0.0000050.00001ETH
Optimism+100%
0.0000050.00001ETH
Soneium+100%
0.0000050.00001ETH
Unichain+100%
0.0000050.00001ETH

All ETH

+100%

0.000005 → 0.00001

≈ $0.018 each

05

After Q3

Every active chain lands at or above the $0.02 floor

16

Active chains at/above floor

14 recalibrated + 2 winners

$0.02

New fee floor

per request · +100% vs Q2

$0.018–0.027

Landing band after Q3

buffer against volatility

Fee Value After Q3

All 16 active chains at or above the $0.02 floor

Winner (unchanged) Recalibrated
HyperEVM
$0.027
Apechain
$0.019
Abstract
$0.018
Arbitrum
$0.018
Base
$0.018
Blast
$0.018
Optimism
$0.018
Soneium
$0.018
Unichain
$0.018
KAIA
$0.021
Zetachain
$0.021
Monad
$0.020
Sonic
$0.020
Sei
$0.020
Berachain
$0.020
Etherlink
$0.019
06

Excluded Chains & Next Steps

Excluded Chains

Out of scope this cycle

Sanko
Zero meaningful activity
B3
Zero meaningful activity
Story
Minimal activity

Governance Next Steps

01

Community Feedback

Gather comments on this post

02

Draft OP-PIP Proposal

Formalize the on-chain proposal

03

Execution Payload

Generate on-chain calldata

04

Governance Vote

Submit for DAO ratification