Fee Outflows
The L1 Base Fee component of Arbitrum transaction fees are refunded to the sequencer - they accrue in the L1 Base Fee wallet and are claimed by the sequencer periodically. Since the start of the Arbitrum DAO, 27.7k ETH has been charged in L1 Base Fees. The sequencer has periodically claimed that amount and as at 30 November 2024, was owed 159 ETH which it can claim at any point.
Sequencer Fee Flow (ETH)
+27.7k
(6.1k)
(14.2k)
(7.1k)
(178)
+159
(16)
L1 Base Fee
Sequencer Refunds - 1H 2023
Sequencer Refunds - 2H 2023
Sequencer Refunds - 1H 2024
Sequencer Refunds - 2H 2024 (excl. Current Month)
Sequencer Refunds - Current Month
Unclaimed Sequencer Fees
Net Fee Flow
Decrease in Net Fees post "Atlas" 50%
Net fee flow is the total collected fee less any fee owed to the sequencer to post transactions onto the Ethereum blockchain. As at the end of November 2024 , the total net flows amounted to 15,750 ETH, streamed periodically to the L2 Treasury Timelock Wallet. Net transaction fees collected in November 2024 amounted to 339 ETH - compared to the 3 months before the "Atlas" upgrade (December 2023 - February 2024), total transaction fees have fallen 86% while net transaction fees have fallen 50% (for the months of April to November 2024). An AIP was passed in August/September 2024 to send 5,134 ETH to bootstrap the first BoLD validator. In addition, an AIP passed in October to send 30 ETH to sponsor the Ethereum foundation Attackathon. No other ETH send events have occurred.
Arbitrum DAO Net Transaction Fee Flows (ETH)
20k
15.7k
15k 15.2k 15.4k
13.9k 14.2k
12.8k
12k 12.6k
11.3k
10.5k
9.4k
10k
8.4k
7.7k
6.5k 7.1k
5.7k
5k
4.1k
3.1k
1.4k
1k
728
765
732
973 1.1k
783
692
1.4k 1.7k
881
577
650
600
233
1.1k
280
806
188
195
339
0
Net Fee Flow
Cumulative Net Fee Flow
6
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