fees

According to L2BEAT analysis, users of the Ethereum Layer 2 network Scroll were overcharged more than $50,000 in transaction fees within about four days last week. The reason is that the Scroll team manually adjusted two rate multipliers in their Gas price oracle six times within six days, increasing each by 2 to 10 times, cumulatively raising the L1 data cost parameter to 1,280 times the original benchmark.Approximately 139,000 affected transactions originally had a total cost of only about $280, but were actually charged over $50,000, with automated bots accounting for the vast majority. L2BEAT pointed out that the overcharging was not an issue with the sequencer, but rather stemmed from the team's multiplier adjustments executed through a multi-signature wallet. This incident has raised questions about whether Scroll had previously subsidized users with rates below cost to maintain activity. According to DeFiLlama data, Scroll currently has a TVL of only $24 million, down 96% from its peak of $585 million in October 2024. As of the time of publication, Scroll has not publicly responded.

Morgan Stanley's spot Bitcoin ETF (MSBT) saw active trading on its first day, with over 1.6 million shares traded and approximately $34 million in capital inflow.The fund tracks the CoinDesk Bitcoin reference price, with a fee rate of only 0.14%, the lowest among similar products, focusing on price advantages to enter market competition. In addition to the low fee rate, MSBT also relies on Morgan Stanley's vast wealth management channels, which are expected to attract traditional investors to allocate Bitcoin assets through the financial advisor system. However, the market is still dominated by leading products, such as BlackRock's IBIT, which has exceeded $53 billion in size. Industry insiders expect that MSBT may divert some existing funds in the short term, but its long-term performance will still depend on its ability to attract continuous capital inflow.

The prediction market Polymarket collected approximately $7.1 million in trading fees in the first week of the second quarter, becoming one of the most profitable protocols in DeFi. If this pace continues, its annual trading fee revenue could reach about $365 million, potentially capturing 96.8% of the trading fee share in on-chain prediction markets.Analysis suggests that this growth stems from the pricing reform on March 30, maintaining daily trading fee levels at around $1 million, with trading activity remaining high. According to DeFiLlama data, Polymarket's total value locked (TVL) has reached $432 million, nearing the peak during the 2024 U.S. presidential election.In terms of mainstream partnerships, the Intercontinental Exchange (ICE) completed a $600 million cash investment on March 27, as part of a larger $2 billion commitment, to distribute Polymarket's event-driven data to institutional clients. The platform also replaced the USDC.e collateral on Polygon with a brand new 1:1 USDC-backed token, Polymarket USD, as a trading collateral asset.Despite rapid revenue growth, regulatory risks remain. Some U.S. states, as well as countries or regions like Hungary, Portugal, and Argentina, have imposed restrictions or bans on prediction markets, citing that Polymarket is viewed as an unlicensed gambling platform.

Tehran has rejected any temporary ceasefire agreement with the United States. Tehran has set preconditions for talks with the United States on "lasting peace." The preconditions include an immediate cessation of attacks, guarantees that attacks will not occur again, and compensation for damages.Under the permanent peace agreement, Tehran demands fees for vessels passing through the Strait of Hormuz, with the fees varying based on the type of vessel, the cargo carried, and the current passage conditions.

Clanker announced the launch of the Clanker Ecosystem Fund (CEF). The mission of CEF is to allocate protocol fees to creators and communities that make positive contributions to the Clanker and Farcaster ecosystems.Clanker stated that currently, $8 million has been used to purchase 14% of CLANKER tokens, but it has not yet proven its efficiency in using funds. In the coming weeks, protocol fees will be returned to the ecosystem and used to fund the ongoing construction of Clanker infrastructure.According to RootData, Clanker is an AI-driven "Token Bot" designed for rapid DIY token deployment. Users only need to tag Clanker on Farcaster clients like Warpcast or Supercast, tell it the token concept, and it will launch the token for users on Base. In October 2025, Clanker was acquired by Farcaster.

On April 2, Mustafa, a member of the Polymarket team, responded affirmatively to the community member's question about whether the platform would support using POLY tokens to pay for fee discounts.

The Iranian Embassy in India stated on social media on the 23rd local time that the claim regarding Iran charging $2 million for ships passing through the Strait of Hormuz is "baseless."

The trading platform Aster has announced the launch of a 30-day Zero-Fee Epoch Trading Challenge. This event starts at 00:00 UTC on March 13, 2026, and lasts until 23:59 on April 11, primarily targeting eligible new wallet users.According to the event rules, participating users must complete and maintain a net deposit of at least 50,000 USDT and achieve a cumulative taker trading volume of 10 million dollars in the spot and perpetual contract markets during the event period. Users who meet the criteria will receive a 100% rebate on taker fees in USDT within 5 working days after the event ends, and will instantly unlock a 14-day VIP level 3 to 5 qualification.

CoW DAO responded to the incident where "a certain whale lost approximately 50.39 million dollars due to excessive slippage when exchanging aEthAAVE," stating that "no DEX, DEX aggregator, public liquidity pool, or private liquidity pool (or their combination) can execute this transaction at a price close to a reasonable level. However, preventing users from trading would deprive them of their choices and could lead to extremely poor outcomes in certain situations (such as market crashes).Such transactions indicate that the DeFi user experience has not yet reached the level necessary to protect all users. The team is currently exploring how to balance strong security measures with maintaining user autonomy. We will also refund any fees paid to CoW DAO due to this transaction."According to previous news from ChainCatcher, a user lost approximately 50 million dollars in a single transaction due to slippage, and the founder of Aave stated that the interface had issued multiple warnings.

According to the official announcement, the globally leading digital asset trading platform Gate has announced a partnership with the Ethereum Layer2 network Abstract and the DeFi protocol Aborean Finance deployed on that chain, launching a liquidity incentive campaign called "Gate Abstract Incentive Carnival" aimed at the Abstract ecosystem. This program revolves around the GTBTC/GUSD liquidity pool, integrating transaction fee sharing, $ABX governance token rewards, and ecological XP incentive mechanisms, constructing a multi-layered revenue structure of "transaction fees + tokens + ecological points" to strengthen the platform's capabilities in on-chain liquidity and multi-chain collaboration.According to the rules, users can obtain LP certificates and share transaction fees after adding liquidity on Gate. If they choose to stake in Aborean, they can receive governance token rewards; during the event, they can also earn double XP and exclusive badges from the Abstract ecosystem. This collaboration precisely matches wallet binding and on-chain incentives, enhancing reward transparency and verifiability, and under the backdrop of the maturation of account abstraction and Layer2 infrastructure, it forms a new exploration direction in multi-chain collaboration and on-chain incentive mechanism design.

According to on-chain analyst Ai Yi's monitoring, in the past 4 hours, the GMGN Fees address (0x38d...866) has deposited 20,900 BNB, 2,356 ETH, and 100,000 USDC to Pionex, with a total value of 18.24 million dollars.

According to CoinDesk, a report released by CryptoQuant shows that despite Ethereum network activity reaching an all-time high, the performance of ETH prices and underlying fee revenue has lagged behind.In February, the daily active addresses on Ethereum approached 2 million, and smart contract calls exceeded 40 million, both surpassing the peak levels of the 2021 bull market. However, the price of ETH has dropped by about 30% over the past six months, resulting in a negative market capitalization for the first time in a year, indicating a net capital outflow. Exchange flow data shows that ETH is moving to trading platforms faster than Bitcoin, reflecting increased selling pressure. CryptoQuant believes that current capital flows, rather than network activity, better explain the dynamics of ETH prices, and the correlation between activity growth and valuation has weakened.In terms of fees, Ethereum generated about $10.3 million in transaction fees over the past 30 days, lower than Tron’s $25 million and Solana’s $20 million; it ranks fifth in protocol revenue, behind Tron, Polygon, Base, and Solana. Although Ethereum hosts about $162 billion in stablecoin supply (accounting for 52% of the global total), its value capture ability has declined, and the Layer 2 ecosystem has dispersed economic activity.

Coinbase stated that the IRS's newly introduced digital asset tax reporting form 1099-DA rules are overly complicated and may impose unnecessary administrative burdens on a large number of cryptocurrency holders.Coinbase's Vice President of Tax, Lawrence Zlatkin, pointed out that the new regulations require reporting small transactions such as stablecoin trades and network gas fees, while stablecoins themselves have relatively stable prices and gas fees are usually only a few dollars or even lower. Reporting such information could lead to "over-reporting" in the system, making the tax framework more complex.It is reported that Coinbase is currently sending 1099-DA forms to millions of users in the U.S. This system requires trading platforms to report users' digital asset transactions to the IRS and provide users with a copy for their own reporting of gains and losses. However, in this year's reporting, Coinbase will only report the total gross proceeds from digital asset sales to the IRS and will not provide the cost basis, requiring users to calculate their actual taxable gains themselves. This may lead to confusion among some investors, and Coinbase plans to calculate the cost basis for users starting from the next tax year to simplify the reporting process.

Bloomberg analyst James Seyffart posted on X platform that BlackRock has updated its Ethereum staking ETF (ETHB) application documents. The latest documents indicate that the staking fee rate for the product will be adjusted to 10% of staking rewards, and may offer tiered fee discounts based on scale. In the previous version of the documents, the staking fee for the ETF was "18% of total staking returns," and this fee reduction is seen as part of the optimization of its Ethereum product structure.

X platform product head Nikita Bier posted on the X platform that X has launched a new feature called "Exclusive Threads," allowing creators to monetize their content through a subscription model.This feature utilizes the X Timeline as a distribution channel, enabling experts and writers in professional fields to earn more. Unlike content subscription platforms like Substack or Patreon, the X platform does not take any cuts from creators, and users can access subscription content without leaving the app.

Kalshi CEO Tarek Mansour posted on X regarding the death of Khamenei and related prediction market events, stating: "We will not list markets that are directly tied to death. When a market may have a death outcome, we will design rules to prevent people from profiting from death."Because of this, Kalshi will handle the "Khamenei stepping down as Supreme Leader" related events as follows:All fees for this market will be refunded;If users opened positions before Khamenei's death, settlements will be based on the last trading price before Khamenei's death;If users opened positions after Khamenei's death, costs will be fully reimbursed.Tarek Mansour further stated: "No user will lose a dollar in this market. We will settle the market at the last transaction price before Khamenei's death, which was at 1:14 AM Eastern Time today."

According to The Block, Uniswap is voting on a proposal to enable protocol fees in all remaining v3 pools and to extend the fees to include eight new chains: Arbitrum, Base, Celo, OP Mainnet, Soneium, X Layer, Worldchain, and Zora.The proposal will use a newly created tier-based fee adapter that automatically applies protocol fees to all v3 pools based on the fee tier of liquidity providers.

According to the official announcement from Pump.fun, the platform has launched a new feature called Cashback Coins, allowing token creators to choose to return all Creator Fees to traders before issuance, rather than to the token deployers. Pump.fun stated that while Creator Fees play a positive role in helping teams, creators, and founders grow and succeed, many tokens have succeeded without a team or project leader, which has led to disproportionate rewards for token deployers who should not receive fees. Unlike tokens that charge Creator Fees, Cashback Coins cannot undergo CTO (Creator Token Offering). Users can claim cash back rewards through the "Rewards" section of the Pump.fun mobile app. Once the token is issued, this decision will be permanently locked.

The founder of Bitcoin Strategy, Michael Saylor, posted on the X platform stating that during bank holidays, Bitcoin can still transfer any amount to any location in the world within minutes, with transaction fees of about $0.44 (approximately 1 sat/vB).During the previous "Blocksize Wars" period, there were widespread concerns in the market that Bitcoin would face a scalability crisis. However, more than a decade later, Bitcoin's on-chain transaction fees remain low, and network bandwidth resources are abundant. This outcome once again demonstrates that market mechanisms and technological innovations are often more effective in addressing systemic challenges than administrative emergency interventions.