Revenue multiple
We divide a chain’s market value (fully diluted valuation, FDV) by the fees its network earned over the chosen window, scaled to a year. The result is what the market pays for each $1 of yearly fees. A lower number means a cheaper chain, and the ranking sorts by it.
revenue multiple = FDV / yearly feesyearly fees = window fees × 365 / days with dataFair price
The fair price is the token price a chain would have if it traded at the median chain’s revenue multiple. You can change that multiple with the slider on the ranking; Ethereum and Bitcoin are marked on it for reference.
fair price = price × (median revenue multiple / chain revenue multiple)This assumes the token supply and the network’s fees stay the same.
Coverage
A chain is ranked if it has fee data for at least half of the days in the window, plus a token price and a market value. When some days are missing, yearly fees are estimated from the days that do have data, and the chain is marked with an asterisk (*). Days with no data are left out; they are never counted as zero. Chains below $10M market cap are not listed.
Transfer and transaction fees
- Transfer fee is today’s cost to send the chain’s native token once (on EVM chains: 21,000 gas × the current gas price).
- Avg tx fee is the window’s fees divided by its transactions. That’s an average that includes complex transactions, so it is usually higher than a simple transfer.
Sources
- Fees: DefiLlama, updated 2026-11-10 10:18 UTC
- Prices: CoinGecko, updated 2026-11-10 10:18 UTC
- Transactions: growthepie, updated 2026-11-10 10:18 UTC
The site is rebuilt every hour from a validated snapshot. The full snapshot is public at /data/latest.json.
Per-chain fee source
| Type | Fees methodology | Revenue methodology | DefiLlama fees ID | |
|---|---|---|---|---|
| Abstract | L2 | Gas fees paid by users | Burned coins | abstract |
| Algorand | L1 | All transaction fees paid by users on the Algorand blockchain | All transaction fees on Algorand are burned, effectively benefiting all ALGO holders through reduced supply | algorand |
| Aptos | L1 | Transaction fees paid by users for executing transactions on the Aptos network | All the transaction fees paid are burnt | aptos |
| Arbitrum | L2 | Gas fees paid by users | Burned coins | arbitrum |
| Arbitrum Nova | L2 | Gas fees paid by users | Burned coins | arbitrum-nova |
| Arweave | L1 | Fees are collected in AR (Arweave) tokens for each transaction on the Arweave network. The data is fetched from ViewBlock API which aggregates transaction fees from the Arweave blockchain. The fees represent the total amount paid by users for data storage and transfer on the network. | Burned coins | arweave |
| Aurora | L2 | Gas fees paid by users | Burned coins | aurora |
| Avalanche | L1 | Transaction fees paid by users | Amount of AVAX transaction fees that were burned | avalanche |
| Base | L2 | Gas fees paid by users | Burned coins | base |
| Berachain | L1 | Gas fees paid by users | Burned coins | berachain |
| Bitcoin | L1 | Gas fees paid by users | Burned coins | bitcoin |
| Bitcoin Cash | L1 | Gas fees paid by users | Burned coins | bitcoincash |
| Blast | L2 | Transaction fees paid by users | Total revenue on Blast, calculated by subtracting the L1 Batch Costs from the total gas fees | blast |
| BNB Chain | L1 | Transaction fees paid by users | Amount of 10% BNB transaction fees that were burned | bsc |
| Cardano | L1 | Transaction fees paid by users on Cardano. | Share of transaction fees sent to the Cardano treasury (the tau protocol parameter, 20% since the Shelley hard fork in July 2020; no treasury existed before). | cardano |
| Celestia | L1 | Transaction fees paid in TIA | Burned coins | celestia |
| Celo | L2 | Gas fees paid by users, in CELO or in the fee currency they chose (USD₮, USDC, USA₮, Mento stablecoins), each priced in the currency it was paid in. | Net sequencer revenue owed to the Celo Community Fund from 2026-04-09: gas fees minus the gas Celo pays on Ethereum to post batches and proposals and the 15% OP Stack revenue share. No gas fees have been burned since 2025-03-31, and from then to 2026-04-08 cLabs kept them, so revenue is 0 for those days. | celo |
| Chiliz | L1 | Gas fees paid by users | Burned coins | chiliz |
| Cosmos Hub | L1 | Transaction fees paid by users for executing transactions on the Cosmos network | No revenue | cosmoshub |
| Dash | L1 | Total transaction fees paid by users on the Dash network. Fees are split between miners and masternodes. | Burned coins | dash |
| Dogecoin | L1 | Gas fees paid by users | Burned coins | doge |
| Ethereum | L1 | Total ETH gas fees (base fees + priority fees) plus blob fees (post-EIP-4844, type-3 blob-carrying transactions) paid by users | Amount of ETH burned — base fees plus blob fees (both are permanently burned, accruing to no proposer) | ethereum |
| Ethereum Classic | L1 | Gas fees paid by users | Burned coins | ethereumclassic |
| Filecoin | L1 | Transaction fees paid by users | Transaction fees paid by users | filecoin |
| Flare | L1 | Gas fees paid by users | Burned coins | flare |
| Gnosis | L1 | Transaction gas fees paid by Gnosis Chain users, in xDAI. | No transaction gas fees are counted as chain revenue; the priority fee goes to the validator that produced the block. | gnosis |
| Hedera | L1 | Transaction fees paid by users for executing transactions on Hedera. | Hedera does not retain transaction fees as protocol revenue; fees are paid to node operators and stakers. | hedera |
| Hyperliquid L1 | L1 | Total HyperEVM gas fees paid by users, split into EIP-1559 base fees and priority fees. | All HyperEVM gas fees are burned. Base fees are removed from EVM supply and priority fees are sent to the EVM zero address. | hyperliquid-l1 |
| Immutable zkEVM | L2 | Gas fees paid in IMX by users for transactions on Immutable zkEVM, made up of the EIP-1559 base fee and the priority fee. | IMX burned through the EIP-1559 base fee. | immutable-zkevm |
| Injective | L1 | Transaction Fees | Transaction Fees + Auction Fees (INJ burned in auctions) | injective |
| Ink | L2 | Transaction fees paid by users | Total revenue on Ink, calculated by subtracting the L1 Batch Costs from the total gas fees | ink |
| Kaia | L1 | Transaction gas fees paid by users | Part of transaction fees burnt | kaia |
| Katana | L2 | Transaction fees paid by users for executing transactions on Katana. | Katana does not retain transaction fees as protocol revenue. | katana |
| Linea | L2 | Gas fees paid by users | Burned coins | linea |
| Lisk | L2 | Gas fees paid by users | Burned coins | lisk |
| Litecoin | L1 | Gas fees paid by users | Burned coins | litecoin |
| Manta | L2 | Gas fees paid by users | Burned coins | manta |
| Mantle | L2 | Transaction fees paid by users | Total revenue on Mantle, calculated by subtracting the L1 Batch Costs from the total gas fees | mantle |
| MegaETH | L2 | Transaction fees paid by users on MegaETH (base fees, priority fees and the L1 data fee), measured as the ETH collected by the chain's fee vaults; days of the team-run January 2026 stress test are not reported. | Transaction fees minus the ETH MegaETH pays on Ethereum to post batch data and propose state roots; EigenDA data availability is paid off-chain and is not deducted. | megaeth |
| Metis | L2 | Gas fees paid by users | Burned coins | metis |
| Mode | L2 | Gas fees paid by users | Burned coins | mode |
| Monad | L1 | Total MON gas fees (including base fees and priority fees) paid by users | Amount of MON base fees that were burned | monad |
| Monero | L1 | Gas fees paid by users | Burned coins | monero |
| MultiversX | L1 | Total fees collected on the MultiversX network. | Burned coins | multiversx |
| Near | L1 | All transaction (gas) fees paid by users on the NEAR blockchain, fetched from Allium. | 70% of every gas fee is permanently burned, reducing NEAR supply. The other 30% is paid to contract developers, so only 70% is protocol revenue. | near |
| OP Mainnet | L2 | Gas fees paid by users | Burned coins | op-mainnet |
| opBNB | L2 | Gas fees paid by users | Burned coins | opbnb |
| Osmosis | L1 | Transaction fees paid by users for executing transactions on the Osmosis network | No revenue | osmosis |
| Plasma | L1 | Gas fees paid by users | Burned coins | plasma |
| Polygon | L2 | Total transaction fees paid by users | EIP-1559 base fees, which are burned in tranches through the EIP-1559 burn contract. Under PIP-82 (capped at $1M, until 2026-12-31) a small part, 0.7% of the base fee swept from March to October 2026, is recycled to x402 facilitators instead of burned. It is only paid out when the account is swept, every few months, so it is counted here. | polygon |
| PulseChain | L1 | Estimated PLS burned from EIP-1559 base fees. | PLS burned via EIP-1559 base fee. | pulsechain |
| Robinhood Chain | L2 | Transaction gas fees paid by users on Robinhood Chain (ETH), covering both L2 execution and the L1 data fee component. | Transaction gas fees net of Ethereum L1 execution and blob costs and the 10% Arbitrum Expansion Program fee share. | robinhood-chain |
| Ronin | L2 | Gas fees paid by users | Burned coins | ronin |
| Scroll | L2 | Transaction fees paid by users | Total revenue on Scroll, calculated by subtracting the L1 Batch Costs from the total gas fees | scroll |
| Sei | L1 | Gas fees paid by users | Burned coins | sei |
| Solana | L1 | Transaction fees paid by users | Transaction base fees paid by users | solana |
| Soneium | L2 | Transaction fees paid by users | Total revenue on Soneium, calculated by subtracting the L1 Batch Costs from the total gas fees | soneium |
| Sonic | L1 | Gas fees paid by users | Burned coins | sonic |
| Stacks | L1 | Transaction fees paid by users on Stacks, computed by querying the Allium database. | None. Stacks transaction fees are not burned | stacks |
| Starknet | L2 | Gas fees paid by users | Burned coins | starknet |
| Stellar | L1 | Transaction fee paid by users | All the fee goes to fee pool | stellar |
| Sui | L1 | Transaction fees paid by users for executing transactions on the Sui network | Includes non refundable storage fees that are burnt | sui |
| Taiko | L2 | Transaction gas fees paid by users on Taiko. | Taiko transaction gas fees net of Ethereum L1 posting, proving, and verification costs. | taiko |
| Tezos | L1 | Total transaction fees paid by users for gas + storage fees | Amount of tez burned, including storage fees, allocation fees, double baking/attestation punishments, etc. | tezos |
| THORChain | L1 | THORChain's native L1 transaction fee (the NativeTransactionFee constant, 0.02 RUNE per native transaction), charged on native THORChain txs. | The native transaction fee accrues entirely to the THORChain Reserve, so revenue equals fees. | thorchain |
| TON | L1 | Transaction fees paid by users | Amount of 50% TON transaction fees that were burned | ton |
| Tron | L1 | Gas fees paid by users. | Amount of TRX fees were burned. | tron |
| Unichain | L2 | Gas fees paid by users | Burned coins | unichain |
| World Chain | L2 | Gas fees paid by users | Burned coins | world-chain |
| Zcash | L1 | Includes total transaction fees paid by users. | No revenue | zcash |
| ZKsync Era | L2 | Gas fees paid by users | Burned coins | zksync-era |
| Zora | L2 | Transaction fees paid by users | Total revenue on Zora, calculated by subtracting the L1 Batch Costs from the total gas fees | zora |
Caveats
- L2 fees include the cost of posting data to their L1, so they aren’t directly comparable to an L1’s fees.
- What counts as a transaction varies by chain.