DeFi Hype Has Sent Ethereum Fees Soaring to 2-Year High: Coin Metrics

Ethereum fees are at a two-year high as the hype around decentralized finance (DeFi) leads to a surge in network activity, according to Coin Metrics.

Disclosure

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

bitcoin
Bitcoin (BTC) $ 48,979.00
ethereum
Ethereum (ETH) $ 1,535.59
cardano
Cardano (ADA) $ 1.17
tether
Tether (USDT) $ 0.998489
binance-coin
Binance Coin (BNB) $ 226.43
polkadot
Polkadot (DOT) $ 33.75
xrp
XRP (XRP) $ 0.460301
litecoin
Litecoin (LTC) $ 181.00
chainlink
Chainlink (LINK) $ 27.97
bitcoin-cash
Bitcoin Cash (BCH) $ 500.38