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This metric represents the cumulative sum of ETH incinerated since the implementation of the London Hard Fork, which introduced EIP-1559. The Ethereum Improvement Proposal (EIP-1559) established a base fee for transactions, which is burned to reduce the overall ETH supply. As a result, this metric indicates the deflationary pressure on Ethereum.
Latest value: 4,621,992.0461956 (as of 13 Feb 2026)