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Redbelly fees annualize to $361, but its market cap is $6M: what explains the mismatch?Allocate $1,000 between Redbelly and Ethereum for 90 days based on fees and TVL?Chart Redbelly fees against TVL over 90 days and identify any divergenceRedbelly TVL fell 19% in 30 days, while annualized fees remain $361: are users leaving or activity holding?Enter Redbelly now or wait for TVL stabilization, rather than moving funds to Base?

As of Nov 13, 2026, revenue on Redbelly totaled $0.19 in the last 24 hours and $0.70 in the last 7 days; the largest protocols are reddex ($0.21).

AllGainersLosers

8Columns1Category.csv

Name	Revenue 24h	Revenue 7d	Change 7d	Revenue 30d	Rating	Rights	Category	Definition
reddex1 chain	$0.21	$0.70	-65.35%	$3.38			Dexs	Protocol takes 25% of the 0.3% swap fee (0.075% of volume), minted to feeTo on each liquidity event
Uniswap48 chains	$0	$0		$0	AA		Dexs	From 28 Dec 2025, a portion of fees a collected to buy back and burn UNI on Ethereum, From 8 Mar 2026, on Optimism, Arbitrum, Base, WC, Zora, XLayer, From 2 Jun 2026, on Polygon, BSC, Celo, From 27 Jul 2026, on Robinhood, From 5 Oct 2026, on Arc