2025 Q1 Ethereum dApp fee revenue exceeded $1 billion, ranking first

On April 15th, Token Terminal data shows that Ethereum continues to lead the decentralized application (dApp) platform. In Quarter 1 of 2025, the network's dApp fee revenue reached 1.014 billion US dollars. In second place is Coinbase's Layer2 network Base, whose dApp fee revenue is 193 million US dollars, reflecting some growth, but still a gap compared to Ethereum. BNB Chain's dApp fee revenue is 170 million US dollars, and Arbitrum's ecosystem fee revenue is 73.80 million US dollars. Avalanche's C-Chain ranks in the top five, with its dApp fee revenue of 27.68 million US dollars.