In 2025, Q1 Ethereum dApp fee revenue exceeded US$1 billion, ranking first
On April 15, Token Terminal data showed that Ethereum continues to maintain its leading position in the decentralized application (dApp) platform. In the first quarter of 2025, the network's dApp fee revenue reached US$1.014 billion. Ranked second is Coinbase's Layer2 Network Base, with dApp fee revenue of US$193 million, reflecting a certain growth, but there is still a gap compared to Ethereum. BNB Chain's dApp fee revenue was US$170 million and the Arbitrum ecosystem fee revenue was US$73.8 million. Avalanche's C-Chain ranks in the top five, with dApp fee revenue of $27.68 million.
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