According to ChainCatcher, the latest data from blockchain data platform Defillama shows that the fee income of decentralized trading platform Raydium has reached 35.29 million US dollars in the past 7 days, surpassing the Ethereum mainnet and Uniswap. First of all, this phenomenon has aroused the market's attention to Raydium's operational efficiency. The surge in its fee income may be related to the increase in its user activity and trading volume. Secondly, this data also reflects that in the field of decentralized finance (DeFi), the competitive landscape is changing, and Raydium's performance has brought new variables to the market. Finally, investors need to continue to pay attention to on-chain data to better understand market dynamics.