According to the source, Hyperliquid generated the highest blockchain fees over the last 24 hours, with EdgeX second and Tron (TRX) third, as stated in the post. Fees represent the dollar value paid by users for protocol usage and are used as a proxy for on-chain demand and revenue capture, per DeFiLlama Fees and Token Terminal methodology. For trading, monitor whether this fee leadership persists on DeFiLlama Fees and Token Terminal revenue dashboards to assess relative activity between ecosystems, according to these analytics providers. For TRX, Tron processes large stablecoin transfer volumes, providing context for its fee rank, according to Tronscan statistics and TRON network documentation.