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Chart description
This metric represents the ongoing pace at which ETH is being burned, following the introduction of the London Hard Fork and the implementation of EIP-1559. The Ethereum Improvement Proposal (EIP-1559) established a base fee for each transaction, which is subsequently incinerated, reducing the overall ETH supply. By tracking the ETH burn rate, users can gain insights into the deflationary pressure on Ethereum and its potential impact on the network's long-term economic dynamics.
ETH Burn Rate (Base Fee) latest values
52.12118192
24 hours ago$420,690
10 minutes ago