# Arweave (AR): fees, revenue multiple and fair price

Source: Chainfees, https://chainfees.fyi/chain/arweave/ · data through 2026-11-09 · rebuilt hourly.

Arweave ranks #11 of 59 chains by revenue multiple. The market values it at $214M FDV against $508K of yearly network fees, 421×, still below the median. Priced like the median chain, AR would trade at $20.35 (+524%).

For comparison, Arweave is 3.0× cheaper than Ethereum (1,270×) and 43× cheaper than Bitcoin (18,091×).

| Metric | Value |
|---|---|
| Undervalued rank | #11 of 59 |
| Type | L1 |
| Token | AR |
| Price | $3.26 |
| FDV | $214M |
| Market cap | $214M |
| Yearly fees (90d, annualized) | $508K |
| Revenue multiple (FDV/Fees) | 421× |
| Fair price (median revenue multiple) | $20.35 (+524%) |
| Transfer fee | — |
| Average transaction fee | — |

## FAQ

### Is Arweave undervalued?

By its fees, yes. Arweave trades at a revenue multiple of 421×, 6.2× below the median chain, and ranks #11 of 59 most undervalued.

### How much does Arweave earn in fees?

$508K a year, annualized from the last 90 days of network fees (DefiLlama).

### What would AR be worth at a fair revenue multiple?

$20.35, +524% from $3.26 today. That's the price at the median revenue multiple of all ranked chains.

Definitions: https://chainfees.fyi/learn/ · Methodology: https://chainfees.fyi/methodology/ · Full ranking: https://chainfees.fyi/llms-full.txt