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About this Chart
Real Economic Value is a standardized metric that tracks blockchain value accrual generated by user activity. REV consists of both in-protocol transaction fees and out-of-protocol tips that users pay for transaction execution, so it measures the monetary demand to transact onchain.
In the case of Celestia, there are no out-of-protocol tips. All REV is generated by in-protocol transaction fees.
Celestia uses a first-price auction for gas pricing where users specify their gas price when submitting transactions and validators prioritize transactions with higher gas prices. For transactions that include data availability blobs, the transaction fee scales with the amount of data posted.