# Cosmos Hub (ATOM): fees, revenue multiple and fair price

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

Cosmos Hub ranks #53 of 59: at $745M FDV and $21.9K of yearly network fees, its revenue multiple of 33,981× sits above the median. The market is paying up for more than its fees: at the median multiple ATOM would be $0.106 (−92.3%).

For comparison, Cosmos Hub is 27× pricier than Ethereum (1,268×) and 1.9× pricier than Bitcoin (18,076×).

| Metric | Value |
|---|---|
| Undervalued rank | #53 of 59 |
| Type | L1 |
| Token | ATOM |
| Price | $1.38 |
| FDV | $745M |
| Market cap | $745M |
| Yearly fees (90d, annualized) | $21.9K |
| Revenue multiple (FDV/Fees) | 33,981× |
| Fair price (median revenue multiple) | $0.106 (−92.3%) |
| Transfer fee | — |
| Average transaction fee | — |

## FAQ

### Is Cosmos Hub undervalued?

Not by its fees. Cosmos Hub's revenue multiple of 33,981× is above the median chain's, so it ranks #53 of 59.

### How much does Cosmos Hub earn in fees?

$21.9K a year, annualized from the last 90 days of network fees (DefiLlama).

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

$0.106, −92.3% from $1.38 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