CroSat
blockchainOct 12, 2026AI summary

Canton Posts More Than $155 Million in Q3 Fees, CertiK Reports

Canton recorded over $155 million in third-quarter fees, according to CertiK, with its daily pace below a 30-day snapshot reported by Converge in June.

Canton Posts More Than $155 Million in Q3 Fees, CertiK Reports

Canton recorded more than $155 million in fees during the third quarter, according to CertiK figures cited by The Defiant.

The network uses a mechanism that burns Canton Coin as payment for services, linking those payments to the removal of coins from circulation.

Its recorded daily fee rate was lower than the pace shown in a 30-day snapshot that Converge reported in June. The comparison covers different reporting windows rather than two full quarters.

Source: The Defiant

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