Broader Market Backdrop

Total crypto market capitalization sits at roughly $2.865 trillion, down 1.33% over the past 24 hours. Bitcoin dominance stands at 58.79%, according to aggregated market data. That is a mildly risk-off signal — Bitcoin holding share while total cap slips suggests capital is not rotating aggressively into altcoins. Yet the Fear & Greed Index reads 73, firmly in Greed territory. That tells a different story: sentiment remains hot even as the headline market cap cooled off.

Fee data from major decentralized exchanges paints a genuinely mixed picture. Uniswap V3 saw daily fees jump 106.01% while its 7-day fees fell 27.22%. Fluid DEX posted a 224.44% one-day spike but a 15.38% weekly decline. Meanwhile, Curve DEX…