Polygon Fees

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    Transaction Frequency - Overtime vs Cumulative

    • Now the fee is only one component, lets see the number of daily transactions on Polygon vs Ethereum.
    • Polygon has about 2X the number of transactions as compared to Ethereum.
    • Till date polygon has 20M txns vs Ethereum has only 8M in the month of July 2022.

    Number of Users Over Time vs Cumulative

    • We also take a look at the number of users transacting on Polygon vs Ethereum.
    • Surprisingly even though Polygon has highest number of transactions, it has lower number of transaction users on a daily basis.
    • Till date Ethereum has 2.6M users vs 1.7M for polygon.

    Fee over Time vs Cumulative- $USD

    • Ethereum obviously has a lot higher daily fee as compared to Polygon.
    • Some days see ETH with 3.9M $USD in fee vs only 32K for polygon.
    • Till date we have seen 22.4M $USD collected in fees for ETH vs 206K for Polygon.
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    Are they co-related ?

    • No they are not co-related at all, polygon has consistently had 20-30K $USD in daily fees, whereas Ethereum has seen quite a lot of variation.