DeFi craze pushes Ethereum fees to unprecedented levels

in #defi4 years ago

Decentralized Finance (DeFi) craze drives Ethereum transaction fees to an all-time high

According to Blockchair; The average fee per transaction on Ethereum reached $ 6.04 on Wednesday evening, the highest fee since 2015.

Was under $ 1 in mid July
Mid-range transaction fees, which are just below the historic highs of $ 3.03, are now at $ 3.00. Until mid-July, when fees started to rise, prices were even below $ 1.

Coincided with the mobility in DeFi
Wage increases coincided with increased mobility in popular decentralized financial protocols like Uniswap. According to the information obtained from Etherscan; There are at least 3 similar decentralized finance applications on the list of protocols with the highest level of network usage.

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