February 21, 2022

Ethereum Fees Drop to the Lowest Rate in 4 Months - Footprint Weekly Report

Feb.2022, [email protected]

Weekly Report Dates: Feb.13, 2022 — Feb.19, 2022(Detailed data can be found by clicking on the link

Overview of the week

I.TVL

The overall TVL for this week was 210.43B, down 5.39% from last week. This week’s TVL ranking is Ethereum ($130.66B), with a market share of 61.03%,followed by Terra ($14.69B) and Binance($12.27B).

Footprint Analytics — TVL Map (Feb.19, 2022)

Among the blockchains with TVL above 1 billion, the fastest riser is Terra with the increase of 11.33% , followed by Waves with 8.61% rise and third Osmosis with 8.53% rise.

Footprint Analytics — Top 10 TVL Blockchains Growth (Feb.19, 2022)

In terms of categories, the first category is Dexes with a TVL of 67.09B and down 1.96 % for the week.

Footprint Analytics — Top 5 TVL by Categories (Feb.19, 2022)

Among the protocols, the highest TVL was Curve ($ 19.28B ), down 2.02% for the week, and second was MakerDAO ($ 16.34B), down 3.71% for the week.

Footprint Analytics — Top 10 TVL by Protocol (Feb.19, 2022)

This week’s ranking

The fastest riser this week on protocols with TVL greater than 100M and launched for more than 30 days is Welnance, belonging to the Binance , up 115.52% in 7 days and 9388.38% in 30 days.

As for fastest protocols on the major chains of this week:

  • Ethereum: G-UNI with a current TVL of $ 0.6B, up 14.83% in 7 days.
  • BSC : Welnance with a current TVL of $ 0.15B and up 115.52% in 7 days.

As for fastest protocols of the major sectors of this week:

  • DEX : MM Finance with a current TVL of $ 0.39B and up 23.26 % in 7 days.
  • Lending: Welnance, with a current TVL of $ 0.15B and up 115.52% in 7 days.
  • Yield: G-UNI, with a current TVL of $ 0.6B, up 14.83% in 7 days.
Footprint Analytics — TVL Growth Rate Ranking (Feb.19, 2022)

II.Token

The top token price this week was BTCPX at $40802, down 8.28% for the week and down 0% in the last 30 days.

This week,the token price of the blockchain, the first is ETH ($2769.66); the fastest rising is AVAX, up 4.94%, with a current amount of $ 85.22.

Footprint Analytics — Blockchain Token Price (Feb.19, 2022)

The top 3 Market Caps for this week’s tokens are btc, eth, and usdt, accounting for 40.02%, 17.4%, and 4.16% of the market, respectively.

Footprint Analytics — Market Cap (Feb.19, 2022)

The protocols in the top 20 TVL with the lowest current MC/TVL are INST with an MC/TVL of 0 and the protocols are currently undervalued .Currently being the highest is UNI with an MC/TVL of 1.51 .

Note: MC/TVL is only one of the indicators to measure the protocol, and users also need to evaluate the protocol in the overall circumstances.

Footprint Analytics — MC/TVL (Feb.19, 2022)

The highest priced tokens in the DEX, Lending, and Yield types this week were gno, inv, and yfi with the prices of $ 340.78, $456.93, and $21738, respectively.

III.Gas

44007 blocks used this week, down 256 blocks from last week, little change in the number of blocks used .

Total Gas fees used 52474.75 ETH this week, down 16.23% from last week; total burnt 45056.03 ETH, down 17.4% from last week. This week’s choice of transaction type 2 (the use of EIP-1559 users ) accounted for 78.47%, up 3 percentage points from last week.

Footprint Analytics — Burnt Fee VS Gas Fee (Feb.19, 2022)

Weekly Highlights

Feb.13, 2022

Feb.14, 2022

Feb.15, 2022

  • Headline: Ethereum Fees Drop to the Lowest Rate in 4 Months, 71% Lower Than Transfer Fees in January
  • Read more: https://footprint.cool/HamY

Feb.16, 2022

Feb.17, 2022

Feb.18, 2022

Feb.19, 2022

  • Headline: Bitcoin Network Hit Yet Another ATH In Mining Difficulty After A Steady Climb Since Last July’s Lows
  • Read more: https://footprint.cool/iaJ8

About Footprint Analytics

Footprint Analytics is an all-in-one analysis platform to visualize blockchain data and discover insights. It cleans and integrates on-chain data so users of any experience level can quickly start researching tokens, projects and protocols. With over a thousand dashboard templates plus a drag-and-drop interface, anyone can build their own customized charts in minutes. Uncover blockchain data and discover the value trend behind the project.

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