Arbitrum Token Flow Report - March 2025

DAO Monthly Token Flows March 2025

537 ETH Total Revenue Total Transaction Fee Inflows

Total Sequencer Fees Collected 28 ETH

0.95

Net Fee Flow

509 ETH Net fee flow is the total collected fee less any fee owed to the sequencer to post transactions onto the Ethereum blockchain. This is the fee that flows into the DAO's treasury.

Users of DAO-governed chains are charged fees to process transactions - these are split between Layer 1 fees to post to the Ethereum network, and Layer 2 fees for processing transactions within Arbitrum.

Sequencer fees relate to direct costs owed to the sequencer to post transactions onto Ethereum's Layer 1 blockchain. These fees are collected from users and passed on to the sequencer via smart contracts.

Net Fee / Total Fee Ratio

Transaction fee figures were obtained from Dune Analytics.

DAO Fee Inflow and Expenditure (ARB)

250.7m

49.5m

24.5m 27.6m

4.8m

4.7m

4m

3.7m

2.7m

2.9m

1.8m 812.3k

2.3m

1.4m

1.1m

1.3m

Apr 24

May 24

Jun 24

Jul 24

Aug 24

Sep 24

Oct 24

Nov 24

Dec 24

Jan 25

Feb 25

Mar 25

Total Transaction Fees (ARB)

Total DAO Expenditure (ARB)

Transaction fees in ETH were converted to ARB using historical price data obtained from CoinMarketCap. This conversion from ETH to ARB is used to illustrate the overarching "value flow" within the DAO and to establish a standardized nominal currency for comparing inflows and outflows to the DAO Treasury. Note that April saw a net inflow as STIP protocols returned funds. Note the significant increase in October was driven by an AIP sending 250M ARB to the Foundation - this is deemed as having been spent by the DAO and will fall under the Foundation's transparency reporting processes.

DAO Value Flow - Overview (all converted to ARB) - March 2025

Current Month Genesis to Date

Sequencer costs to post on Ethereum Net fee earned by the DAO Fees charged to process transactions

Transaction Fee Inflows

2,913,154

94,884,859

Sequencer Fee

(149,813)

(48,884,507)

Net Fee Flow

2,763,342

46,000,353

Interest generated by STEP

STEP Income

301,550

998,082

DAO Expenditure

(4,509,681)

(441,325,515)

Total DAO spending Net inflows / (outflows) for the period

Net Token Flows During the Period

(1,444,790)

(394,327,080)

4

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