Here’s Why Base Is Crushing Other Ethereum Layer 2s in Revenue

Key Points

1. Base generated an average of $185,291 in daily revenue over the past six months, surpassing Arbitrum's $55,025 and the combined $46,742 of 14 other top Layer 2s.

2. Base's EIP-1559-inspired fee model enables dynamic auction-based priority fee collection, allowing users to pay premiums for urgent execution and efficiently monetizing block space demand.

3. Priority fees alone have averaged $156,138 per day for Base, accounting for about 86% of its daily revenue, with transactions in the top block slots contributing significantly to revenue.

4. Base has consistently captured 50%-65% of Layer 2 DEX volume and holds the highest DEX TVL among Layer 2s, excluding perpetual DEX platforms, with DEX swaps historically contributing 50%-70% of daily fees.

5. Flashblocks, implemented on July 16, introduced sub-block confirmations for high-priority transactions without reducing overall fee generation, further enhancing Base's revenue model.