Ethereum earns $1.021 billion in DApp fees in Q1 2025
Ethereum (CRYPTO:ETH) solidified its position as the leading decentralised application (DApp) platform in Q1 2025, generating $1.021 billion in fee revenue.
This figure far outpaced competitors such as Base, BNB Chain, Arbitrum (CRYPTO:ARB), and Avalanche C-Chain, which collectively trailed significantly behind.
According to Token Terminal data, Base, Coinbase’s Layer-2 network, ranked second with $193 million in DApp fee revenue, followed by BNB Chain at $170 million.
Arbitrum recorded $73.8 million, while Avalanche C-Chain rounded out the top five with $27.68 million.
Ethereum’s dominance underscores its robust infrastructure and widespread adoption across decentralised finance (DeFi), non-fungible tokens (NFTs), and blockchain gaming sectors.
Ethereum’s success is attributed to several factors.
As the first blockchain to support smart contracts, it has built a vast ecosystem of over 4,983 active DApps.
Popular platforms like Uniswap (CRYPTO:UNI), Aave (CRYPTO:AAVE), and OpenSea have been key contributors to its revenue growth.
Additionally, Ethereum's Total Value Locked (TVL) in DeFi protocols reached $46 billion in Q1 2025, representing 51% of the global DeFi market.
Despite high transaction costs on its mainnet, Ethereum continues to attract developers and users due to its security and reliability.
Recent upgrades like Dencun have improved scalability and reduced costs on Layer-2 networks, further enhancing its appeal.
Other networks also showed growth but remain far behind Ethereum.
Base demonstrated a 45% increase in DApp fee revenue from Q4 2024, reflecting the rising popularity of Layer-2 solutions.
BNB Chain maintained its position as a strong competitor with low transaction costs and a diverse DApp ecosystem.
Meanwhile, Arbitrum and Avalanche (CRYPTO:AVAX) saw modest growth driven by DeFi and NFT applications but lacked the scale to challenge Ethereum’s dominance.
At the time of reporting, the Ethereum (ETH) price was $1,578.25.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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