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Which chain led fee revenue?

Published 363 words 2 min read

TLDR

There is no single leader across all definitions this week. Assumption: you mean last 7 days and chain?level protocol fees (not app or exchange revenues).

  1. Solana (SOL) generated about $3.43 million in chain fees last week, per a Nansen?based report on weekly fees here.
  2. Ethereum L2s, notably Base and Arbitrum, gained share on 30?day activity and fees, per analysis summarized here.
  3. If you include onchain perps venues, Hyperliquid (HYPE) was cited as top by fee revenue among perps here.

Deep Dive

1. Weekly Chain Fees

Weekly fee snapshots highlight Solanas recent pullback rather than clear leadership.

  • A recent review citing Nansen shows Solanas chain fees at about $3.43 million over the past week, down from prior weeks, indicating softer on?chain demand report.
  • Weekly numbers can be noisy. They are useful for direction, but leadership claims depend on the window and whether you aggregate L2s with their L1.
What this means

If your lens is past 7 days, base L1 fees, Solana posted a mid?single?million figure but is not a clear outlier on its own.

2. L2 Momentum

Recent 30?day trends show Ethereums L2s growing faster than some L1s.

  • A roundup points to rising activity and fee momentum on Base and Arbitrum over the last month, while Solanas fees and app revenues eased from earlier highs analysis.
What this means

If your scope includes L2s, leadership can skew toward the Ethereum stack once rollups are counted, especially on 30?day views.

3. Definition Matters

Including venue or app?chain revenues changes the answer.

  • Among onchain perpetuals exchanges, Hyperliquid was cited as the top fee generator in 2025 context, which is different from base chain protocol fees coverage.
What this means

Decide whether you want base chain fees only, base plus L2, or venue/app revenues. Each yields a different leader.

Conclusion

This weeks leadership depends on scope. Weekly chain fees show Solana at about $3.43 million, while 30?day trends favor Ethereums L2s as activity shifts to rollups. If you specify 24h vs 7d vs 30d and whether to include L2s or app/venue revenues, I can return a precise leaderboard for that lens.

Confidence: moderate because sources segment fees differently; a clear answer requires a defined window and scope.

Educational information only. Crypto markets are volatile and this is not financial advice.


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