Avalanche: Network REV

Total transaction fees

About this Chart

Network REV (Real Economic Value) is the measure of user demand to transact and is the "top line" metric of a blockchain. It consists of all transaction fees and out-of-protocol tips (generally related to MEV) paid for transaction execution. In the case of Avalanche C-Chain, there are no live infrastructure projects that enable out-of-protocol tips, so REV consists solely of in-protocol transaction fees.

Base Fees: The minimum transaction fee required for a transaction to be included in a block. The Base Fee adjusts depending on the current demand for blockspace, targeting a 50% utilization rate. Avalanche C-Chain adopted the same model from Ethereum's EIP-1559 upgrade, and the entire Base Fee is burned.

Priority Fees: An additional transaction fee to incentivize faster transaction execution. Unlike on Ethereum, the Priority Fee on Avalanche C-Chain is burned. However, higher priority fees can still improve transaction execution times during network congestion even though validators don't directly benefit.