About this Chart

Network REV (Real Economic Value) is the measure of user demand to transact on a blockchain. It consists of all transaction fees and out-of-protocol tips paid for transaction execution. In the case of Arbitrum, there are no out-of-protocol tips, so all REV is generated by in-protocol transaction fees.

Ethereum: The L2 (Arbitrum) pays transaction fees on the L1 (Ethereum) to post transaction data and purchase blobs. These costs are passed back to the user transaction on the L2.

Arbitrum DAO: The remaining onchain sequencer revenue accrues to the Arbitrum DAO.