Will Gas Fees Drop Even In A Bull Market?
The adoption of Ethereum layer-2s is on the rise if Token Terminal data shared on November 6 is anything to go by. According to
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Fees
BNB Chain Q3 Revenue Takes A Hit: Fees Plummet By 40%
In a recent report by Messari, the analysis sheds light on the developments and challenges faced by Binance Chain (BNB), the blockchain
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AVAX blockchain explorer to shut down as Etherscan fees draw controversy
Snowtrace.io, a popular blockchain explorer tool for Avalanche (AVAX), will shut down its website, powered by Etherscan's Explorer-as-a-Service (EaaS) toolkit, on November 30. The Snowtrace team clarified that only its explorer powered by Etherscan will be shut down.According to the October 30 announcement, Snowtrace users are required to save their
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dYdX launches layer 1 blockchain, validators and stakers set to receive all fees
Decentralized cryptocurrency exchange dYdX has launched its layer 1 blockchain with the creation of its genesis block which will operate using native DYDX tokens.The dYdX Chain is set to distribute all fees to validators and stakers in USD Coin (USDC). This includes trading fees denominated in USDC as well as
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Lido Finance Fees Exploding, Should Comparatively Low Revenue Be A Concern?
The total amount of Ethereum (ETH) staked on Lido Finance, one of the many liquidity staking protocols available, has risen steadily over the past
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dYdX Trading transitions to public benefit corporation, foregoes v4 trading fees
Decentralized exchange dYdX Trading announces its transformation into a public benefit corporation, emphasizing community alignment by waiving trading fee revenues for its upcoming v4 platform. Decentralized exchanges are rapidly evolving, and one of the key players, dYdX Trading, has recently announced a significant change in its operations. As of its upcoming
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Lido on Solana wind down ‘deemed a necessity’ after low fees, says staking firm
Decentralized liquid staking protocol Lido Finance has announced a decision to cease operations on the Solana blockchain following a community vote in Lido’s decentralized autonomous organization.The proposal to sunset Lido on Solana was first put forward by Lido’s peer-to-peer team on Sept. 5, citing unsustainable financials and low fees generated
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Uniswap to charge 0.15% swap fees beginning Oct. 17
Decentralized exchange Uniswap will begin charging a 0.15% swap fee on certain tokens in its web application and wallet on Oct. 17.According to a post by Uniswap founder Hayden Adams, the affected tokens are Ether (ETH), USD Coin (USDC), Wrapped Ether (wETH), Tether (USDT), Dai (DAI), Wrapped Bitcoin (WBTC), Angle
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Ethereum (ETH) Revenues From Fees Drop to 3-Year Low Amid NFT Bust, Layer 2 Adoption
The proliferation of layer 2s, which have been developed to help Ethereum scale and increase its capacity, has also contributed to bringing down fees, the report noted. While the development is positive for Ethereum users who can execute transactions cheaper than before, it impacts ETH's supply by keeping it inflationary
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MetaMask ‘glitch’ caused opBNB recommended fees to be too high: Report
A "glitch" in MetaMask that caused it to overestimate opBNB gas fees has now been fixed, according to a social media post from BNB Chain. Many users pay the default recommended fee displayed in their wallets, so a misestimation can cause users to overpay.Together with our friends at @MetaMask, we've
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