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DefiLlama data show 514 of 558 chains earning under $1,000 in daily fees

DefiLlama data cited by Crypto News Flash show 44 of 558 tracked chains cleared $1,000 in 24-hour fees and only seven passed $100,000.

Why it matters

If the pattern holds over a longer window, most of the hundreds of chains built on Ethereum-compatible and other architectures do not have a working market for their blockspace, which matters for how those networks are valued and funded. The gap between the seven chains clearing $100,000 and the 514 below $1,000 is the concrete measure of that concentration, though the single-day snapshot the outlet relies on is thin evidence on its own.

Key facts

Of 558 networks tracked by DefiLlama, 44 generated at least $1,000 in fees during an observed 24-hour period.

44Reported by Crypto News Flash

514 of the 558 tracked chains generated less than $1,000 in the observed 24-hour period.

514Reported by Crypto News Flash

Solana led all tracked chains with $1.09 million in fees over the observed period.

1,090,000 USDReported by Crypto News Flash

BNB Chain generated $793,900 in fees over the observed period, ranking third.

793,900 USDReported by Crypto News Flash

Base generated $114,800 and Robinhood Chain $100,900 in fees over the observed period.

Reported by Crypto News Flash

What happened

Crypto News Flash, citing data captured from DefiLlama, reports that of 558 tracked blockchain networks only 44 generated at least $1,000 in fees over an observed 24-hour period, and the number clearing $100,000 fell to seven. Solana ranked first with $1.09 million, followed by Tron at $922,900 and BNB Chain at $793,900; the outlet also lists Ethereum at $435,000, Bitcoin at $325,600, Base at $114,800 and Robinhood Chain at $100,900. Crypto News Flash cautions against reading near-zero fees as near-zero usage, noting that DefiLlama's chain-fee metric covers what users pay to transact on the underlying blockchain and sits apart from application fees and from the revenue a network ultimately retains. It says low-cost and subsidized networks can carry real activity without generating fees, and that a single day is a weaker measure of blockspace demand than a longer fee series. The article does not name the specific 24-hour window the data covers, and no other outlet in the desk's evidence covers the story, so the figures rest on one report.

How the story developed

  1. First report

    First report by Crypto News Flash

    Blockchain Fee Market Narrows as Most Networks Generate Almost Nothing

    Crypto News Flash

  2. Update

    DefiLlama fee data show 514 of 558 chains under $1,000 in a day

    Crypto News Flash publishes fee figures for 558 tracked networks over an observed 24-hour period, with44 chains clearing $1,000 and seven clearing $100,000. The article does not specify the calendar dates of the observation window.

    Crypto News Flash

Affected entities

Also mentioned: Bitcoin, Robinhood

Original sources

PublisherReportRolePublished
Crypto News Flash
Crypto media
Blockchain Fee Market Narrows as Most Networks Generate Almost NothingOriginal