Fees
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The mean transaction fee per byte of all blocks that interval in native units.
Mean Tx Fee per Byte (native units)
FeeByteMeanNtv
Native units
1 day
0-fee transactions are included
Computed as FeeTotNtv / BlkSizeByte
If there were no transactions that interval, this metric isn’t computed
For SOL, this metric does not include vote transactions. Includes successful and unsuccessful transactions.
Any blockchain where users are paying for block space rather than computation.
During the BTC mining ban in China in 2021, we saw an influx of miners turn off their operations so the block interval time increased significantly due to less hash power on the network. In effect, because less miners were online, we saw a spike in the mean transaction fee per byte since less miners were available to include transactions in the blocks, therefore transactions costs higher before the next difficulty adjustment.
Release Version: NDP-EOD 4.8 (Nov, 2020)
The mean transaction fee per byte of all blocks that interval in native units.
Mean Tx Fee (native units)
FeeMeanNtv
Native units
1 day, 1 hour
Mean Tx Fee (USD)
FeeMeanUSD
USD
1 day, 1 hour
0-fee transactions are included
If there were no transactions that interval, this metric isn’t computed
FeeByteMeanNtv is Computed as FeeTotNtv / BlkSizeByte
FeeMeanUSD is Computed as FeeMeanNtv * PriceUSD
The price used is the daily close price
Any blockchain where users are paying for block space rather than computation.
For SOL, this metric does not include vote transactions. Includes successful and unsuccessful transactions.
During the BTC mining ban in China in 2021, we saw an influx of miners turn off their operations so the block interval time increased significantly due to less hash power on the network. In effect, because less miners were online, we saw a spike in the mean transaction fee per byte since less miners were available to include transactions in the blocks, therefore transactions costs higher before the next difficulty adjustment.
Release Version: NDP-EOD 4.8 (Nov, 2020)
The median fee per transaction in native units that interval.
Median Tx Fee (native units)
FeeMedNtv
Native units
1 day, 1 hour
Median Tx Fee (USD)
FeeMedUSD
USD
1 day, 1 hour
0-fee transactions are included
If there were no transactions that interval, this metric isn’t computed
If there’s an even number of fees, the median is computed by averaging the middle values of the sorted fees
FeeMedUSD is computed as FeeMedNtv * PriceUSD
Price used is the daily close price
0-fee transactions are included
For SOL, this metric does not include vote transactions. Includes successful and unsuccessful transactions.
Released in the 1.0 release of NDP
The average (mean) Miner Tip, a.k.a. priority fee, paid for transactions during a time interval (e.g. 1 day).
Ethereum post-1559 requires users to pay for a Base Fee as a prerequisite to include transactions in a block. The Base Fee can go up or down on the basis of the size (in gas units) of the previous block. In times of congestion, where blocks are sequentially increasing in size, paying a Base Fee does not guarantee that a transaction will be included in a block. In such events, users can optionally pay an additional miner tip to nudge miners to include their transactions in their block.
Mean Miner Tip (native units)
FeePrioMeanNtv
Native units
1 day, 1 hour
Mean Miner Tip (USD)
FeePrioMeanUSD
USD
1 day, 1 hour
EIP1559 was a highly anticipated proposal that changes how transaction fees are priced in Ethereum, as well as the dynamics of block sizes.
The proposal activated on the Ethereum Network in August of 2021 and marks one of the biggest changes in monetary policy in the history of cryptoassets.
Instead of the legacy gas price, 1559 splits transaction fees into two distinct fields: a Base Fee and an optional Tip (also known as a Priority Fee).
This metric calculates the average Tip in transactions that have occurred in the network over the measuring period (e.g. 1 day).
Miner tips are optional and showcase demand for block space (i.e. transaction settlement) in the short-term.
Changes in average miner tip over time can depict changes in demand for block space. When miner tips have to be used due to Base Fees not being enough, the fee market reverts back to first-price auction (like other Crypto assets).
In such scenarios, this metric should see an increase as users bid up fees as they did prior to the activation of EIP1559.
Only available for ETH, this metric was introduced following the EIP-1559 upgrade
We saw a major drop in gas used in Spring 2022 due to the built in difficulty bomb. In the early days of Ethereum, core developers implemented this difficulty bomb mechanism to hold everyone accountable to the PoS timeline. The idea was that the bomb would go off making mining extremely difficult/unprofitable. So each time the bomb started to go off, less blocks were being found so less gas used. Therefore, less priority fees were needed since network activity was low.
Released in the 5.0 release of NDP (August, 2021)
The median Miner Tip, a.k.a. priority fee, paid for transactions during a time interval (e.g. 1 day), shown in native units (e.g. units of ETH).
Ethereum post-1559 requires users to pay for a Base Fee as a prerequisite to include transactions in a block. The Base Fee can go up or down on the basis of the size (in gas units) of the previous block. In times of congestion, where blocks are sequentially increasing in size, paying a Base Fee does not guarantee that a transaction will be included in a block. In such events, users can optionally pay an additional miner tip to nudge miners to include their transactions in their block.
Median Miner Tip (native units)
FeePrioMedNtv
Native units
1 day, 1 hour
Median Miner Tip (USD)
FeePrioMedUSD
USD
1 day, 1 hour
EIP1559 was a highly anticipated proposal that changes how transaction fees are priced in Ethereum, as well as the dynamics of block sizes.
The proposal activated on the Ethereum Network in August of 2021 and marks one of the biggest changes in monetary policy in the history of cryptoassets.
Instead of the legacy gas price, 1559 splits transaction fees into two distinct fields: a Base Fee and an optional Tip (also known as a Priority Fee).
This metric calculates the median Tip in transactions that have occurred in the network over the measuring period (e.g. 1 day).
Only available for ETH, this metric was introduced following the EIP-1559 upgrade
For Solana transactions, priority fees are fees paid on top of the 5000 lamport base fee per signature. This includes both setting a higher price per compute unit and setting a higher total compute budget
We saw a major drop in gas used in Spring 2022 due to the built in difficulty bomb. In the early days of Ethereum, core developers implemented this difficulty bomb mechanism to hold everyone accountable to the PoS timeline. The idea was that the bomb would go off making mining extremely difficult/unprofitable. So each time the bomb started to go off, less blocks were being found so less gas used. Therefore, less priority fees were needed since network activity was low.
Miner tips are optional and showcase demand for block space (i.e. transaction settlement) in the short-term.
Changes in median miner tip over time can depict changes in demand for block space. When miner tips have to be used due to Base Fees not being enough, the fee market reverts back to first-price auction (like other cryptoassets).
In such scenarios, this metric should see an increase as users bid up fees as they did prior to the activation of EIP1559.
Released in the 5.0 release of NDP (August, 2021)
The total value of Miner Tips, a.k.a. priority fees, paid for all transactions during a time interval (e.g. 1 day), shown in native units (e.g. units of ETH).
Ethereum post-1559 requires users to pay for a Base Fee as a prerequisite to include transactions in a block. The Base Fee can go up or down on the basis of the size (in gas units) of the previous block. In times of congestion, where blocks are sequentially increasing in size, paying a Base Fee does not guarantee that a transaction will be included in a block. In such events, users can optionally pay an additional miner tip to nudge miners to include their transactions in their block.
Total Miner Tips (native units)
FeePrioTotNtv
Native units
1 day, 1 hour
Total Miner Tips (USD)
FeePrioTotUSD
USD
1 day, 1 hour
EIP1559 was a highly anticipated proposal that changes how transaction fees are priced in Ethereum, as well as the dynamics of block sizes.
The proposal activated on the Ethereum Network in August of 2021 and marks one of the biggest changes in monetary policy in the history of cryptoassets.
Instead of the legacy gas price, 1559 splits transaction fees into two distinct fields: a Base Fee and an optional Tip (also known as a Priority Fee).
This metric calculates the total value paid for Tips in transactions that have occurred in the network over the measuring period (e.g. 1 day).
For Solana transactions, priority fees are fees paid on top of the 5000 lamport base fee per signature. This includes both setting a higher price per compute unit and setting a higher total compute budget
Miner tips are optional and showcase demand for block space (i.e. transaction settlement) in the short-term.
Changes in total miner tip over time can depict changes in demand for block space. When miner tips have to be used due to Base Fees not being enough, the fee market reverts back to first-price auction (like other cryptoassets).
In such scenarios, this metric should see an increase as users bid up fees as they did prior to the activation of EIP1559.
Released in the 5.0 release of NDP (August, 2021)
The percentage of revenue derived from fees that interval. This is equal to the fees divided by the revenue.
Revenue from Fees (%)
FeeRevPct
Dimensionless
1 day
Computed as 100 * FeeTotNtv / RevNtv
Released in the 1.0 release of NDP
For blockchains aiming to retain a limited supply by weaning themselves off an issuance-based validator subsidy, fees are expected to be a critical part of the long-term security model. This metric gives you an indication of how prepared a blockchain is to transition from an issuance-based compensation model for validators to a fee-based model.
The sum of all fees paid to miners, transaction validators, stakers and/or block producers that interval. In certain cryptonetworks, fees might be burned (destroyed), but they are still accounted for in this metric.
Total Fees (native units)
FeeTotNtv
Native units
1 day, 1 hour
Total Fees (USD)
FeeTotUSD
USD
1 day, 1 hour
This metric includes fees that are burned as part of the protocol.
For chains that use median time, the day is defined using it, otherwise, it’s defined using the block’s timestamps.
For Solana transactions, priority fees are fees paid on top of the 5000 lamport base fee per signature. This includes both setting a higher price per compute unit and setting a higher total compute budget.
Released in the 1.0 release of NDP
Fees in USD terms (see Fees, Transaction, Median, USD; Fees, Transaction, Mean, USD, and Fees, Total, USD) are often biased by volatility in unit price, making it difficult to determine trends in fee pressure. Evaluating fees in native unit terms removes the noise from exchange rate volatility and enables more consistent time series comparisons.
The mean transaction fee per weight unit in that interval in native units. Weight is a dimensionless measure of a block’s “size”. It is only applicable for chains that use SegWit (segregated witness).
Mean Tx Fee per Block Weight (native units)
FeeWghtMeanNtv
Native units
1 day
Only relevant to cryptoassets that have implemented Segregated Witness (SegWit)
During the BTC mining ban in China in 2021, we saw an influx of miners turn off their operations so the block interval time increased significantly due to less hash power on the network. In effect, because less miners were online, we saw a spike in the mean transaction fee per byte since less miners were available to include transactions in the blocks, therefore transactions costs were more competitive.
Release Version: NDP-EOD 4.8 (Nov, 2020)
The Segwit upgrade replaced the concept of block size with block weight . While Bitcoins block weight is 4 MB, the mean block time is still slower than other chains such as Litecoin resulting
Mean Base Fee (Wei)
GasBaseBlkMean
Wei
1 day
EIP1559 was a highly anticipated proposal that changes how transaction fees are priced in Ethereum, as well as the dynamics of block sizes.
The proposal activated on the Ethereum Network in August of 2021 and marks one of the biggest changes in monetary policy in the history of cryptoassets.
Instead of the legacy gas price, 1559 splits transaction fees into two distinct fields: a Base Fee and an optional Tip (also known as a Priority Fee).
This metric calculates the average Base Fee in transactions that have occurred in the network over the measuring period (e.g. 1 day).
Base Fees fluctuate on the basis of network utilization. If there is high demand for transaction settlement, Base Fees go up, and as demand fades, Base Fees go down.
The pricing of Base Fees is inextricably connected to size of blocks in the blockchain. Upon the the activation fo EIP-1559, the maximum size of blocks in Ethereum (measured in units of gas) was more than doubled to 30M.
Although blocks are larger, this pricing mechanism attempts to target an average of 15M gas units per block, and an exponential function is used to increase or decrease Base Fees so that this target is hit.
If, for example, the previous block was above 15M units of gas, the base fee is increased. If there are several sequential blocks above the 15M target, Base Fees increase exponentially which disincentivizes users from transacting.
Changes in Base Fees over time can depict changes in demand for block space. When miner tips have to be used due to Base Fees not being enough, this is a sign of network congestion.
Released in the 5.0 release of NDP (August, 2021)
The sum gas limit of all blocks that day.
Block Gas Limit
GasLmtBlk
Gas
1 block, 1 day
Gas is a dimensionless unit measuring the computational cost of operations for ETH-based assets. Each transaction spends gas when being processed.
Each block has a limit of how much gas can be expanded when processing its operations. It is the scaling limit for ETH-based assets, just as block size is for BTC-based ones.
Only relevant for ETH and ETC.
Ethereum blocks are mined roughly every 15 seconds. Each Ethereum block has a maximum size, which limits the amount of data that can be included. The current maximum block size is set at about 15M gas per block on April 22 (seen in green on the chart above). Prior to that, the gas limit was 12.5M per block, which set in July 2020. Since the maximum block size is denominated in gas and different transactions have different gas usages based on complexity, there isn’t a consistent maximum number of transactions that can be included in a block. But on average, about 160-200 transactions are included per block.
The greater the gas limit, the more space is available per block, which can help push down the average gas price.
Released in the 1.0 release of NDP
The mean gas limit per block that day.
Mean Block Gas Limit
GasLmtBlkMean
Gas
1 day
Computed as GasLmtBlk / BlkCnt
Gas is a dimensionless unit measuring the computational cost of operations for ETH-based assets. Each transaction spends gas when being processed.
Only relevant for ETH and ETC.
Released in the 1.0 release of NDP
The sum gas limit of all transactions that day.
Tx Gas Limit
GasLmtTx
Gas
1 block, 1 day
Gas is a dimensionless unit measuring the computational cost of operations for ETH-based assets. Each transaction uses gas when being processed. As it’s impossible to know how much gas every transaction will use before executing it, each transaction specifies a gas limit it’s willing to use.
Only relevant for ETH and ETC.
Released in the 1.0 release of NDP
The mean gas limit per block that day.
Mean Block Gas Limit
GasLmtBlkMean
Gas
1 day
Computed as GasLmtBlk / BlkCnt
Gas is a dimensionless unit measuring the computational cost of operations for ETH-based assets. Each transaction spends gas when being processed.
Only relevant for ETH and ETC.
Released in the 1.0 release of NDP
The mean gas limit per transaction that day.
Mean Gas Limit per Tx
GasLmtTxMean
Gas
1 block, 1 day
Computed as GasLmtTx / TxCnt
Gas is a dimensionless unit measuring the computational cost of operations for ETH-based assets. Each transaction uses gas when being processed. As it’s impossible to know how much gas every transaction will use before executing it, each transaction specifies a gas limit it’s willing to use.
Only relevant for ETH and ETC.
Released in the 1.0 release of NDP
The sum gas used (i.e., paid) across all transactions that day.
Tx Gas Used
GasUsedTx
Gas
1 block, 1 day
Gas is a dimensionless unit measuring the computational cost of operations for ETH-based assets. Each transaction uses gas when being processed.
Only relevant for ETH and ETC.
Released in the 1.0 release of NDP
The mean gas used (i.e., paid) per transaction that day.
Mean Gas Used per Tx
GasUsedTxMean
Gas
1 block, 1 day
Computed as GasUsedTx / TxCnt
Gas is a dimensionless unit measuring the computational cost of operations for ETH-based assets. Each transaction uses gas when being processed.
Only relevant for ETH and ETC.
Released in the 1.0 release of NDP
Total amount of Fees paid for blob space (available in native units and USD)
Total blob fees (native units)
FeeBlobTotNtv
Native units
1 block, 1 day
Total blob fees (USD)
FeeBlobTotUSD
USD
1 block, 1 day
Mean fees paid per blob, shown (available in native units and USD)
Mean blob fees (native units)
FeeBlobMeanNtv
Native units
1 block, 1 day
Mean blob fees (USD)
FeeBlobMeanUSD
USD
1 block, 1 day
Median fees paid per blob, shown (available in native units and USD)
Median blob fees (native units)
FeeBlobMedNtv
Native Units
1 block, 1 day
Median blob fees (USD)
FeeBlobMedUSD
USD
1 block, 1 day
Mean fee paid per byte of used blob space (available in native units and USD)
Mean Fee per blob Byte (native units)
FeeBlobByteMeanNtv
Native units
1 block, 1 day
Mean Fee per blob Byte (USD)
FeeBlobByteMeanUSD
USD
1 block, 1 day
Mean fee paid in blob fees per blob carrying transaction (available in native units and USD)
Mean fee per blob carrying transaction (native units)
FeeBlobTxMeanNtv
Native units
1 block, 1 day
Mean fee per blob carrying transaction (USD)
FeeBlobTxMeanUSD
USD
1 block, 1 day
The sum of all fees paid by tagged Layer 2 sequencers for blob space, shown in native units and USD.
Total Blob Fees (layer 2, native units)
FeeBlobL2TotNtv
Native units
1 day
Total Blob Fees (layer 2, USD)
FeeBlobL2TotUSD
USD
1 day
Total Blob Fees (Arbitrum, native units)
FeeBlobARBTotNtv
Native units
1 day
Total Blob Fees (Arbitrum, USD)
FeeBlobARBTotUSD
USD
1 day
Total Blob Fees (Optimism, native units)
FeeBlobOPTotNtv
Native units
1 day
Total Blob Fees (Optimism, USD)
FeeBlobOPTotUSD
USD
1 day
Total Blob Fees (Base, native units)
FeeBlobBASETotNtv
Native units
1 day
Total Blob Fees (Base, USD)
FeeBlobBASETotUSD
USD
1 day
The aggregate L2 metrics (FeeBlobL2TotNtv & FeeBlobL2TotUSD) include all tagged L2 sequencers. This list includes additional L2s that do not have dedicated metrics.
The sum of all fees paid by tagged Layer 2 sequencers for blob space, shown in native units and USD.
Mean Blob Fees (layer 2, native units)
FeeBlobL2MeanNtv
Native units
1 day
Mean Blob Fees (layer 2, USD)
FeeBlobL2MeanUSD
USD
1 day
Mean Blob Fees (Arbitrum, native units)
FeeBlobARBMeanNtv
Native units
1 day
Mean Blob Fees (Arbitrum, USD)
FeeBlobARBMeanUSD
USD
1 day
Mean Blob Fees (Optimism, native units)
FeeBlobOPMeanNtv
Native units
1 day
Mean Blob Fees (Optimism, USD)
FeeBlobOPMeanUSD
USD
1 day
Mean Blob Fees (Base, native units)
FeeBlobBASEMeanNtv
Native units
1 day
Mean Blob Fees (Base, USD)
FeeBlobBASEMeanUSD
USD
1 day
The aggregate L2 metrics (FeeBlobL2MeanNtv & FeeBlobL2MeanUSD) include all tagged L2 sequencers. This list includes additional L2s that do not have dedicated metrics.
Total fees paid for storing state on the network within an interval in native units.
Network state storage fees (native units)
FeeStorTotNtv
Native units
1 day
Network state storage fees (USD)
FeeStorTotUSD
USD
1 day
Solana removed network state storage fees in November of 2023 as of which time they are 0
Exchange Deposits metrics can be accessed using these endpoints:
timeseries/asset-metrics
and by passing in the metric ID's Fee* and Gas* in the metrics parameter.
GET undefined/timeseries/asset-metrics
The concept of a Miner Tip was introduced as part of and it represents the portion of the total transaction fees that rewards miners. This serves as an added incentive so that miners prioritize transactions that have opted-in and paid a tip. The other portion is called the Base Fee, and it is burnt (destroyed) after the transaction is included in a block.
For a thorough review of EIP1559 and the design of its pricing mechanism, please refer to .
The concept of a Miner Tip was introduced as part of and it represents the portion of the total transaction fees that rewards miners. This serves as an added incentive so that miners prioritize transactions that have opted-in and paid a tip. The other portion is called the Base Fee, and it is burnt (destroyed) after the transaction is included in a block.
For a thorough review of EIP1559 and the design of its pricing mechanism, please refer to .
The concept of a Miner Tip was introduced as part of and it represents the portion of the total transaction fees that rewards miners. This serves as an added incentive so that miners prioritize transactions that have opted-in and paid a tip. The other portion is called the Base Fee, and it is burnt (destroyed) after the transaction is included in a block.
For a thorough review of EIP1559 and the design of its pricing mechanism, please refer to .
For Ethereum this fee includes fees for transaction execution as well as blob fees. It is made up of base fees, priority fees and blob fees. Fees paid for the execution of transactions only can be calculated by subtracting from total fees.
For more details on SegWit, check the
The average (mean) Base Fee paid for transactions during a time interval (e.g. 1 day), shown in the smallest denomination of Ether, .
The concept of a Base Fee was introduced as part of and it represents the portion of the total transaction fees that is destroyed and taken out of circulation (i.e. burnt). Ethereum post-1559 requires users to pay for a Base Fee as a prerequisite to include transactions in a block. The Base Fee can go up or down on the basis of the size (in gas units) of the previous block. In times of congestion, where blocks are sequentially increasing in size, paying a Base Fee does not guarantee that a transaction will be included in a block. In such events, users can optionally pay an additional Miner Tip to nudge miners to include their transactions in their block.
For a thorough review of EIP1559 and the design of its pricing mechanism, please refer to .
