Internet Computer (ICP)

The market is all over the place rn.

So I think checking the weekly movers in fees is a good signal for which protocols people are still using despite the conditions.

Here's a quick summary of this week's top-5 fee gainers and what might be driving them by @tokenterminal ↓

@manifoldxyz | Biggest % move on the list. Likely NFT/creator drop-driven, but I'd treat it as a spike until it repeats.

@hyenatrade | Early perps activity, USDe margin, Hyperliquid attention, and rewards likely helping. Interesting, but still feels incentive-driven.

@dfinity | ICP fee growth points more toward compute/app usage than trading noise. Structurally interesting, but needs follow-through.

@Filecoin | Likely more storage/network activity showing up in fees. Good signal, but still a spike until usage keeps trending.

@pendle_fi | Strongest trend candidate imo. Largest 7d fees here, helped by yield trading, new pools, and maturity/rollover activity.

Are you using any of these?