# Stacks (STX): fees, revenue multiple and fair price

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

Stacks ranks #22 of 59 chains by revenue multiple. The market values it at $581M FDV against $479K of yearly network fees, 1,214×, still below the median. Priced like the median chain, STX would trade at $0.6644 (+115%).

For comparison, Stacks is 1.0× cheaper than Ethereum (1,268×) and 15× cheaper than Bitcoin (18,076×).

| Metric | Value |
|---|---|
| Undervalued rank | #22 of 59 |
| Type | L1 |
| Token | STX |
| Price | $0.309 |
| FDV | $581M |
| Market cap | $581M |
| Yearly fees (90d, annualized) | $479K |
| Revenue multiple (FDV/Fees) | 1,214× |
| Fair price (median revenue multiple) | $0.6644 (+115%) |
| Transfer fee | — |
| Average transaction fee | — |

## FAQ

### Is Stacks undervalued?

By its fees, yes. Stacks trades at a revenue multiple of 1,214×, 2.2× below the median chain, and ranks #22 of 59 most undervalued.

### How much does Stacks earn in fees?

$479K a year, annualized from the last 90 days of network fees (DefiLlama).

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

$0.6644, +115% from $0.309 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