Post #11996

Chains Earning Less Than $100 per day The harsh reality of blockchain economics: even some well-known L1s and L2s are pulling in less than $100 in daily fees - barely enough to cover a single AWS bill. 24h fees breakdown: • Sonic - $97/day | FDV $179M • Hemi - $73/day | FDV $80M • MultiversX - $73/day | FDV $125M • Celestia - $52/day | FDV $415M • Rari - $41/day | Not listed • IoTeX - $38/day | FDV $44.1M • Botanix - $37/day | Not listed • Manta - $28/day | FDV $63.6M • Plasma - $27/day | FDV $44.1M • Vana - $23/day | FDV $965M For context, Hyperliquid pulls in ~$2.3M/day in revenue. These chains combined don't earn what Hyperliquid makes in 30 seconds. When grants run out, and emissions stop subsidising activity, fees this small don't sustain validators, infrastructure, or developer attention. Data source🔗Defillama Top 7 Ecosystem:Alpha| X | Aggregator