Online fee revenue of major cryptocurrencies

Online fee revenue of major cryptocurrencies

According to reports, according to Cryptofees.info data, in the past 24 hours, Ethereum’s online fee revenue has been $4007471.13, Uniswap’s online fee revenue has been $2061422.92, SushiSwap’s online fee revenue has been $1153738.23, Bitcoin’s online fee revenue has been $923585.52, BSC’s online fee revenue has been $612204.38, and GMX’s online fee revenue has been $473056.27.

Over the past 24 hours, Bitcoin’s on-chain service fee revenue exceeded $900000

Analysis based on this information:


The message highlights the online fee revenue generated by major cryptocurrencies within the last 24 hours. The data obtained from Cryptofees.info shows that Ethereum generated the highest online fee revenue of $4007471.13 followed by Uniswap and SushiSwap with $2061422.92 and $1153738.23, respectively. Bitcoin, BSC, and GMX generated $923585.52, $612204.38, and $473056.27 in online fee revenue, respectively.

Cryptocurrencies have gained widespread popularity in recent years, and the online fee revenue generated by these digital assets has been a significant source of revenue for cryptocurrency exchanges. The online fee revenue generated by these cryptocurrencies is the amount charged by cryptocurrency exchanges for trade settlements, withdrawals, and other services provided by the exchanges.

Ethereum’s online fee revenue of $4007471.13 is not surprising as Ethereum is considered one of the most widely used and popular cryptocurrencies in the market. Ethereum’s blockchain is used to develop and deploy various decentralized applications (dapps), which has made it the go-to platform for developers who wish to create smart contracts, dapps, and tokens.

Uniswap, on the other hand, is a decentralized exchange built on the Ethereum blockchain that has gained significant traction in the cryptocurrency space. Developed to facilitate trustless and peer-to-peer exchange of ERC-20 tokens, Uniswap has gained popularity due to its low fees and ease of use.

SushiSwap is a fork of Uniswap that has managed to gain a significant following within a limited period. The platform has introduced innovative features like yield farming and staking, which has contributed to its popularity.

Bitcoin, on the other hand, has been the most dominant cryptocurrency in the market for a long time. While it does not generate as much online fee revenue as Ethereum or Uniswap, it is still significant.

Binance Smart Chain (BSC) is a blockchain developed by Binance Exchange, and it has gained popularity due to its compatibility with the Ethereum Virtual Machine (EVM). It allows developers to quickly and easily port Ethereum-based dapps to the BSC network, which has made it popular among developers.

Finally, GMX is a relatively unknown cryptocurrency, and its appearance on the list is surprising. GMX is a global payments platform that uses blockchain technology to facilitate cross-border payments in a fast, secure, and cost-effective way.

In conclusion, the data provided by Cryptofees.info shows the online fee revenue generated by major cryptocurrencies in the last 24 hours. The figures highlight the popularity and demand for these cryptocurrencies in the market, with Ethereum leading the way. The prominence of Uniswap and SushiSwap is also observed, highlighting the adoption of decentralized exchanges by traders.

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