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Last Updated:  
February 27, 2026
7 Minutes

DeFi Analytics 27th February 2026

This week's edition of our Crypto DeFi Analytics.

Chain Fee Generation

Daily Fee Generation – Over the past week, Ethereum's fees were muted and held well below $1.0M, largely ranging around ~$0.25–0.40M with no renewed spike. Tron's fees remained the steadiest major chain, holding broadly around ~$0.9–1.1M throughout the week. Solana's was range-bound in the ~$0.6–0.8M area, with a brief spike towards ~$0.9–0.95M before decreasing back.

Daily Fees Generated across Ethereum, Solana, Tron & Sui

Stablecoin Supply

Stablecoin Supply by Token

Stablecoin Supply by Chain

Ethereum Gas Market

Hourly Average Gas Fees Burnt per Block

Hourly Average Cost to Transfer ETH (21,000 Gas)

Blob Gas Usage – Over the past week, blob gas usage initially spiked sharply to under ~0.9M. Activity then remained relatively elevated in a 0.65M–0.80M range. More recently, usage has softened, trending back down towards ~0.50M, now continuing to drop towards 0.4M.

Hourly Average Blob Gas Usage per Ethereum Block

Hourly Average Excess Blob Gas per Ethereum Block

Beacon Chain Balance

Beacon Chain - The Beacon Chain’s balance has continued to climb, now almost surpassing 37.5M.

This comes as the Ethereum Foundation has begun staking part of its treasury, following the Treasury Policy it announced in June 2025.

The initiative starts with a 2,016 ETH deposit and targets around 70,000 ETH staked in total, with rewards flowing back into the EF treasury.

Beacon Chain Summary

Beacon Chain Balance

Uniswap V3

Uniswap V3 Hourly Volumes  - Arbitrum

Uniswap V3 Hourly Transaction Count  - Arbitrum

Liquidations

Aggregate Liquidations across Aave & Compound 

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Chain Fee Generation

Daily Fee Generation – Over the past week, Ethereum's fees were muted and held well below $1.0M, largely ranging around ~$0.25–0.40M with no renewed spike. Tron's fees remained the steadiest major chain, holding broadly around ~$0.9–1.1M throughout the week. Solana's was range-bound in the ~$0.6–0.8M area, with a brief spike towards ~$0.9–0.95M before decreasing back.

Daily Fees Generated across Ethereum, Solana, Tron & Sui

Stablecoin Supply

Stablecoin Supply by Token

Stablecoin Supply by Chain

Ethereum Gas Market

Hourly Average Gas Fees Burnt per Block

Chain Fee Generation

Daily Fee Generation – Over the past week, Ethereum's fees were muted and held well below $1.0M, largely ranging around ~$0.25–0.40M with no renewed spike. Tron's fees remained the steadiest major chain, holding broadly around ~$0.9–1.1M throughout the week. Solana's was range-bound in the ~$0.6–0.8M area, with a brief spike towards ~$0.9–0.95M before decreasing back.

Daily Fees Generated across Ethereum, Solana, Tron & Sui

Stablecoin Supply

Stablecoin Supply by Token

Stablecoin Supply by Chain

Ethereum Gas Market

Hourly Average Gas Fees Burnt per Block