Tazmina Rashid
Research Analyst
Last Updated:
June 27, 2025
•
5 Minutes
DeFi Analytics 27th June 2025
This week's edition of our Crypto DeFi Analytics. BTC’s dramatic fall to under $100K triggered mass liquidations across Aave and Compound and the Beacon Chain balance continues to surge.
Daily Fees Generated across Ethereum, Solana, Tron & Sui
Daily Fee Generation - Last weekend’s spot price volatility across the crypto market saw Ethereum’s daily fee generation spike at over $2M, surpassing Tron which led fee generation for majority of the month.
Solana’s daily fee generation on the other hand remained subdued, fluctuating around the 1M mark and not reacting significantly to market movements.
Daily Fees Generated across Ethereum, Solana, Tron & Sui
Ethereum Gas Market
Hourly Average Gas Fees Burnt per Block
Hourly Average Cost to Transfer ETH (21,000 Gas)
Hourly Average Blob Gas Usage per Ethereum Block
Hourly Average Excess Blob Gas per Ethereum Block
Beacon Chain Balance
Beacon Chain - The Beacon Chain balance again continues its upward trajectory, undeterred by the volatility in the ETH spot market. The pace remains constant, as nearly 1M ETH has been staked in June alone following the SEC’s regulatory guidance on staking.
Beacon Chain Summary
Beacon Chain Balance
Beacon Chain Validator States
Uniswap V3
Uniswap V3 Hourly Volumes - Arbitrum
Uniswap V3 Hourly Transaction Count - Arbitrum
Liquidations
Liquidations - BTC’s dramatic and sudden fall to under $100K on the back of rising Middle East tensions triggered mass liquidations across Aave and Compound. This came as BTC has been comfortably over $100K for the past month.
Aggregate Liquidations across Aave & Compound
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PREMIUM
Institutional
Liberation Day Who?
S&P 500 closed at a new all-time high of 6,173, up 0.5%, recovering from a 20% drop earlier this year. US Q1 GDP was revised down to -0.5%, consumer spending fell 0.3% in May, and jobless claims rose to their highest since 2021. Bitcoin price stabilized near $108K with $2.2B ETF inflows last week, while Metaplanet added 1,005 BTC, bringing its total to 13,350 BTC. The BNB Chain’s Maxwell upgrade halved block times from 1.5s to 0.75s.
Free
PREMIUM
Institutional
DeFi Analytics 27th June 2025
This week's edition of our Crypto DeFi Analytics. BTC’s dramatic fall to under $100K triggered mass liquidations across Aave and Compound and the Beacon Chain balance continues to surge.
Free
PREMIUM
Institutional
‘The Stock Market Is Not The Economy’
Global equity markets rallied, with the S&P 500 up 0.8% near its February 2025 all-time high, Nasdaq-100 hitting a record +0.94%, Nikkei-225 +1.43%, and STOXX 600 +0.81%, while the VIX dropped to 16.59 from 52 in April. BTC traded in a $106K–$108K range with 7-day implied volatility below 30%, steepening the term structure versus ETH’s flatter volatility curve. Key macro developments include a finalized US-China trade deal lifting rare earth export restrictions, the US Treasury urging Congress to drop a contentious tax provision after a G7 agreement on OECD Pillar 2, and a downward GDP revision to -0.5% in Q1 2025 with rising unemployment claims, raising July rate cut odds to 20%. Additionally, Bitwise and Bakkt filed updated SEC documents advancing crypto ETF plans and capital raising.