Arbitrum Token Flow Report - February 2025

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, 28k ETH has been charged in L1 Base Fees. The sequencer has periodically claimed that amount and as at the end of February 2025, was owed 5 ETH which it can claim at any point.

Sequencer Fee Flow (ETH)

+28.2k

(20.2k)

(7.1k)

(194)

(594)

(53)

+5

L1 Base Fee

Sequencer Refunds - 2023

Sequencer Refunds - 1H 2024

Sequencer Refunds - 2H 2024

Sequencer Refunds - 1H 2025 excl. Current Month

Sequencer Refunds - Current Month

Unclaimed Sequencer Fees

Net Fee Flow

Decrease in Net Fees post "Atlas" 46%

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 February 2025 , the total net flows amounted to 17.6k ETH, streamed periodically to the L2 Treasury Timelock Wallet. Net transaction fees collected in February 2025 amounted to 761 ETH - compared to the 3 months before the "Atlas" upgrade (December 2023 - February 2024), total transaction fees have fallen 85% while net transaction fees have fallen 46% (for the months of April to February 2025).

To date, the DAO has sent 12.7k ETH from treasury: - 5.1k for the BoLD Validator proposal - 0.03k ETH for Ethereum Attackathon sponsorship - 7.5k ETH for Treasury Management v1.2

Arbitrum DAO Net Transaction Fee Flows (ETH)

17.6k

16.9k

16.4k

15.7k

15.4k

15.2k

15k

14.2k

13.9k

12.8k

12.6k

12k

1.1k

692

806

685

761

600

280

339

415

233

188

195

Mar 24

Apr 24

May 24

Jun 24

Jul 24

Aug 24

Sep 24

Oct 24

Nov 24

Dec 24

Jan 25

Feb 25

Net Fee Flow

Cumulative Net Fee Flow

6

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