Ethereum L1 Generates $1.67B in DeFi Fees, Scaling Imperatives Ahead

Description

Recent on-chain data reveals that Ethereum’s Layer-1 blockchain has amassed over $1.67 billion in DeFi gas fees, representing more than 30% of the total fees generated by all DeFi ecosystems. This robust revenue performance far outpaces that of competing chains such as Base, ZKsync Era, and Arbitrum One, which have recorded fees of $39.53 million, … Continue reading "Ethereum L1 Generates $1.67B in DeFi Fees, Scaling Imperatives Ahead" The post Ethereum L1 Generates $1.67B in DeFi Fees, Scaling ...