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Glassnode

Description

Definition. The relative share of transactions in the Ethereum network by category. Transactions are classified into one of the following categories:

  • Vanilla: Pure ETH transfers between Externally Owned Accounts (EOAs), with no contracts being called.
  • ERC20: All transactions calling ERC20 contracts. Contracts in the Stablecoins category are excluded here.
  • Stablecoins: Fungible tokens that have their value pegged to an off-chain asset, either by the issuer or by an algorithm. The category includes 150+ stablecoins, with USDT, USDC, UST, BUSD, and DAI being the most prominent.
  • DeFi: On-chain financial instruments and protocols implemented as smart contracts, including decentralized exchanges (DEXs). The category includes over 90+ DeFi protocols, such as Uniswap, Etherdelta, 1inch, Sushiswap, Aave, and 0x.
  • Bridges: Contracts allowing transfer of tokens between different blockchains. The category includes 50+ bridges, such as Ronin, Polygon, Optimism, and Arbitrum.
  • NFTs: Transactions interacting with non-fungible tokens. This category includes both token contract standards (ERC721, ERC1155) and NFT marketplaces (OpenSea, Blur, LooksRare, Rarible, SuperRare) for trading them.
  • MEV Bots: Miner Extractable Value (MEV) bots execute transactions for profit by reordering, inserting, and censoring transactions within blocks.
  • Other: All other transactions in the Ethereum network not included in the categories listed above.
Latest Values
as of 17 Jun 2026
MEV bots0.022%
NFTs2.667%
Bridges0.071%
DeFi1.769%
ERC204.586%
Stablecoins20.055%
Vanilla49.69%
Other21.141%