Think about it, when the market is doing well, people care less about the fees, but in slow times like now, every cent matters especially when you're paying based on the percentage of your trading capital.

As for Raydium and Pumpdotfun, it doesn't make sense to pay 0.3% on Pumpdotfun, and pay another 0.25%-1% on Raydium, when you can just trade directly on PUMP.

As people move to protocols with lower fees, I expect we'll see more protocols competing by offering lower trading fees, which will ultimately be great for users.

But there's no telling what happens once the market picks up and everyone is recording huge gains.