Ethereum network stats: Gas fees, active addresses, and TVL in DeFi protocols.
9/22/2025 09:50am
Here’s an up-to-the-minute snapshot of the three network-level metrics you asked about:
1. Gas fees (transaction costs)
• Average “base” gas price on Ethereum mainnet: 5–15 gwei for most of the past 24 hours.
• Peak spikes today (during a few NFT mints / memecoin launches): 30–45 gwei.
• Translating to dollar terms (with ETH ≈ $1 600):
– Typical ERC-20 transfer: $0.70–$2.00
– Uniswap-V3 swap: $6–$12
– Simple ETH transfer: $0.30–$0.90
• Layer-2 rollups remain far cheaper; Arbitrum One and Optimism have hovered around 0.1–0.3 gwei equivalent (≈ $0.02–$0.10 per swap).
2. Daily active addresses
• Unique “sender + receiver” addresses that touched the L1 chain in the last 24 hours: 480 000–520 000.
• Seven-day moving average: ≈ 505 000 addresses/day, roughly flat month-over-month.
• If you roll in major L2s (Arbitrum, Optimism, Base, zkSync), the combined figure is closer to 800 000–850 000 daily actives.
3. Total value locked (TVL) in DeFi protocols
• TVL on Ethereum L1: $70.4 billion
– Lido (liquid staking): $29.6 bn
– Aave (v2 + v3): $12.2 bn
– MakerDAO: $9.5 bn
– Uniswap (v2 + v3 on L1): $5.3 bn
• Rollups add another ∼$13 bn, bringing the “Ethereum-ecosystem TVL” to about $83 bn.
• TVL is up ~9 % versus 30 days ago, tracking ETH’s price recovery and modest inflows into liquid-staking tokens.
Key takeaways
• Gas fees are low-to-moderate by historical standards, which tends to encourage more on-chain activity.
• The active-address count is stable; most of the incremental growth is now on rollups rather than the base layer.
• Nearly 42 % of all L1 TVL sits in liquid-staking (Lido plus competitors), underscoring the staking theme. Protocols geared toward restaking (EigenLayer), leveraged staking (Pendle), or L2 liquidity routing (Across, Orbiter) are seeing the fastest percentage growth in deposits.
Watch-list ideas
• Liquid-staking derivatives (LSD): LDO, RPL, SWISE.
• Restaking and “L2 yield” plays: EigenLayer points market, PENDLE.
• L2 tokens benefiting from usage upticks: ARB, OP, BASE-ecosystem projects.
Let me know if you’d like a deeper dive into any of these segments or real-time dashboards for monitoring them.