The hype around OKX Boost seems to have faded a bit too quickly. After the second phase ended, most people got counter-farmed and decided to leave. In the past couple of days, daily traders on OKX DEX have dropped by 60-70k, but overall, it’s still maintaining around 200k active trading addresses. Transaction fees tell the story better. Compared to the two days before the end of the second phase, OKX DEX was capturing over $1 million in daily transaction fees, but that quickly got slashed in half to less than $500k per day. In the end, it’s all a dynamic game. Airdrop hunters typically trade high-fee tokens, which bring more revenue to OKX DEX. But when the average airdrop amount is too low, the hunters lose interest and leave, causing OKX DEX’s fee income to drop as well. Now, it’s just a matter of waiting for another wealth-effect airdrop to kickstart the cycle again.