diff --git a/app/upgrades/v7/upgrades.go b/app/upgrades/v7/upgrades.go
index e88e7563..e5dca5cf 100644
--- a/app/upgrades/v7/upgrades.go
+++ b/app/upgrades/v7/upgrades.go
@@ -78,15 +78,15 @@ func cellarfeesInitGenesis(ctx sdk.Context, cellarfeesKeeper cellarfeeskeeper.Ke
 	counters := cellarfeestypes.FeeAccrualCounters{
 		Counters: []cellarfeestypes.FeeAccrualCounter{
 			{
-				Denom: fraxDenom,
+				Denom: wbtcDenom,
 				Count: 2,
 			},
 			{
-				Denom: usdcDenom,
+				Denom: fraxDenom,
 				Count: 2,
 			},
 			{
-				Denom: wbtcDenom,
+				Denom: usdcDenom,
 				Count: 2,
 			},
 			{