fee

Arbitrum disclosed that Arbitrum One has generated over $400,000 in priority fee revenue, with 35 million transactions using PGA.

The Alibaba Cloud Token Plan Personal Edition will significantly increase the monthly quota. The prices for the Lite, Essential, and Standard tiers remain unchanged, while the quotas will increase by approximately 74% to 78%. The Lite package priced at 39 yuan will increase its quota from 11,500 to 20,000 Credits, the Essential package priced at 79 yuan will increase from 25,500 to 45,000, and the Standard package priced at 139 yuan will increase from 45,000 to 80,000.The Pro package will also see a price reduction and an increase in quota, with the monthly fee dropping from 499 yuan to 312 yuan, and the quota increasing from 180,000 to 200,000 Credits. Calculating the subscription cost per Credit, the costs for all four packages have decreased by approximately 43%.The Token Plan is Alibaba Cloud's monthly subscription service for large models, which can connect to AI programming and agent tools such as Claude Code, Qwen Code, Qoder, and OpenClaw. Users can call different models using a unified Credits quota. The new quotas will gradually be made available to existing users and will supplement the current subscription cycle's quota. The price for existing Pro users will remain unchanged for the current cycle, with the new price taking effect from the next cycle.

In response to Vitalik's suggestion that Ethereum should prioritize strengthening its positioning as a value storage, DeFi researcher Ignas published a statement claiming that ETH may be more suitable as a value storage asset than BTC and ZEC. The advantages he mentioned include native staking rewards, privacy features in the roadmap, and potential deflation achieved through transaction fee burning.Ignas also stated that using BTC or ZEC as collateral to obtain loans typically requires reliance on wrapped assets or trust in banks and centralized exchanges, while ETH can achieve native collateralization and asset exchange on the same chain. He also expressed hope that Vitalik would shift towards the value storage positioning, not because he believes that Ethereum L1 will never generate enough transaction fee revenue to drive ETH deflation; scaling will reduce transaction costs, but the key still lies in whether market demand can grow in sync and whether the Ethereum community can drive demand enhancement.

According to Ethereum co-founder Vitalik Buterin, he believes that instead of positioning ETH as a fee-burning token, more emphasis should be placed on its value storage function.Vitalik stated that the role of the fee-burning narrative is not as strong as it seems, and optimizing around this goal may struggle to balance decentralization and resistance to capture; positioning it as a value storage aligns with Ethereum's advantages such as decentralization. He believes that the stability brought by these advantages has practical value for asset holders and will also be valued in an era of transformation brought by AI.He supports retaining EIP-1559 and its burning mechanism but believes that even if fee burning remains below the breakeven level of 10% in the long term, there is no need to feel disappointed, as the value of ETH comes from other aspects.

According to on-chain analyst Yu Jin's monitoring, the meme launch platform Pump.fun transferred 76,111 SOL in transaction fee income to the exchange Kraken half an hour ago, worth approximately 6.85 million USD.Since the beginning of 2024, Pump.fun has accumulated a total of approximately 5.627 million SOL in transaction fee income, with an average price of about 158.7 USD.

The on-chain perpetual contract platform Hyperliquid reached a priority fee of $521,000 on November 6, setting a historical record. This revenue also accounted for a historical high of 12.7% of the platform's total daily revenue.Priority fees refer to the additional fees paid by users to validators or protocols to have their transactions prioritized during times of intense market competition or network congestion. On that day, the U.S. stock market experienced a historic drop, and under extreme market conditions, on-chain liquidation bots, arbitrageurs, and ordinary traders competed for transaction processing priority to execute their expected operations more quickly.

According to CoinDesk, the stablecoin OpenUSD (OUSD), initiated by Stripe, Visa, Mastercard, Coinbase, and Shopify, will charge a management fee of 0.1 basis points based on payment volume, with a maximum fee of $0.01 per transaction. The document shows that payments of $1,000 and above are subject to the $0.01 cap, while smaller payments are charged at 0.1 basis points of the amount.Unlike USDT and USDC issuers who retain reserve interest, OUSD distributes reserve earnings to partners, deducting only the management fee. Open Standard also provides partners with opportunities to gain equity in projects based on OUSD holdings and cash flow, requiring partners to hold at least $50 million to participate in the equity pool, with a maximum ownership percentage of 5% for a single partner. Additionally, Visa has released a technical implementation and user guide of over 100 pages for partners to integrate OUSD through the Visa stablecoin platform.

According to the official announcement, Binance has launched a user reward event. Eligible users do not need to register; they can automatically participate in the reward distribution by completing transactions and enjoy an annualized financial return of up to 10%. The event runs from November 2, 2026, 19:30 to November 22, 07:59 (UTC+8).Event 1: All users who have completed KYC and meet compliance requirements can receive a 100 USDC spot trading fee rebate voucher. After claiming, 30% of the remaining amount of daily spot trading fees will be refunded after deducting referral commissions. Meanwhile, during the event, users who trade spot, leverage, instant exchange, USDT or coin-margined contracts, bStocks, and stock trading pairs with a cumulative effective trading volume of no less than 10,000 USD can share a total prize pool of 20 million USDC based on their trading volume proportion, with a maximum of 4,000 USDC per person. VIP 3 users and above, market makers, and brokers do not participate in the trading distribution.Event 2: Financial product interest rate increase. Regular users of USDC can add a tiered return of 7% to 7.5% on top of the real-time yield (currently about 3%); VIP users can add 8% to 8.5%; USDT regular users can add an 8% tiered return (0 to 1000 USDT); RWUSD has a base yield of 3.61% plus 6.39%; BFUSD has a 7-day average annualized return of 5.11% plus 5%. Users borrowing stablecoins for arbitrage will not be able to obtain tiered returns.

According to the official announcement from Uniswap, Uniswap has launched the on-chain fee conversion framework TJAR, allowing applications to automatically convert various token fees collected into a specified token without the need to build complex cross-token exchange infrastructure.Currently, TJAR has been launched on 7 blockchains.

Binance co-founder He Yi responded to the "self-theft" allegations arising from the Binance theft incident on the X platform.He Yi stated that investing is often a test of judgment, logical reasoning, and the ability to extract effective information from complex data. Regarding some users' concerns about Binance's solvency, she expressed understanding and pointed out that Binance's trading volume, transaction fees, user scale, and BNB quarterly burn data are all publicly available information.

Binance founder Zhao Changpeng stated that the recovery work for token assets seems to have begun.He added that users pay transaction fees in the currency they are trading when using Binance, so Binance will naturally accumulate various tokens that it lists.Zhao Changpeng also emphasized: "User funds are safe!"

The fee revenue of the decentralized perpetual contract trading platform Hyperliquid has risen to a 30-day high, with the trading volume of perpetual contracts doubling during the same period.On October 29, the platform's perpetual contract transaction volume reached 17.44 billion USD, with a liquidation amount of approximately 252 million USD, while open positions saw a decline.

Uniswap posted on platform X, stating that applications that charge fees will earn revenue in the tokens used by users for transactions, but most applications only wish to receive one type of token, such as stablecoins, ETH, or the project's own token. Through TJAR, any team can achieve this.

According to the official announcement, Gate Money has recently adjusted the fee standards for its USD-named accounts. While continuing to offer free account opening services, the account management fee has been reduced from 2 USDT per month to 1 USDT, and the USD withdrawal fee has been lowered from 50 USDT per transaction to 25 USDT, with both fees seeing a reduction of 50%. In addition, VIP 5 and above users can enjoy a full waiver of the account management fee, further reducing the costs of account usage and cross-border fund management.Currently, Gate Money supports four major fiat currencies—USD, EUR, GBP, and AED—for cross-border deposits and withdrawals via SWIFT. Eligible users can open a USD bank account in their name with one click and complete fund transfers, asset exchanges, yield management, and daily payments through the Gate App, enhancing the convenience of multi-currency fund management.Additionally, Gate Money is launching a limited-time account opening reward activity, lasting until November 11 at 16:00 (UTC+8). Users who complete registration and identity verification, open a USD-named account for the first time, and complete a valid bank transfer will have the chance to receive a random reward of 2–100 USDT, with specific rules subject to the official announcement.

According to the RootData Launchpad rankings, Pump.Fun launched 52,847 memes in the last 24 hours, an increase of 12.59% compared to the 7-day average. Among them, 174 memes successfully graduated, an increase of 19.76% compared to the 7-day average.In terms of transaction fees in the last 24 hours, Pump.Fun maintained a lead with $1.96 million. Pons' transaction fees were $332,300, an increase of 5.35% compared to the previous day's $315,400. Stonk's transaction fees in the last 24 hours were $200,600, a decrease of 26.46% compared to the previous day's $272,800.

Binance will launch trading pairs for bStocks tokenized securities APPB, BSPB, GEVB, SKDDB, and SKUUB on October 28 at 20:00. Users can exchange bStocks for BTC, USDT, or other supported tokens without fees within one hour after the launch. In addition, the zero maker fee promotion for all bStocks trading pairs has been extended to December 1 at 07:59.

Tom Wan, the data director at Entropy Advisors, stated that the transaction fees for Robinhood Chain will be included in the third quarter financial report to be released tomorrow. He mentioned that the transaction fees for the first quarter of this chain amounted to 51.1 million USD, which is about half of Robinhood's second quarter cryptocurrency trading revenue, and he is paying attention to whether the company will describe this chain as infrastructure for other businesses or as an independent source of income.Tom Wan noted that the average daily transaction fees in October have dropped to about 52,000 USD, with the decline primarily due to pricing. The increase in fees in late August was attributed to gas congestion, with the average transaction fee rising from 0.002 USD to 0.298 USD, and weekly trading volume increasing by 7.5%. On September 1 and September 3, Robinhood raised the gas target from 18 million per second to 40 million, and gas prices have returned to the lower limit of 0.02 gwei.He also mentioned that by the end of the third quarter, USDG on Robinhood Chain was 693 million USD, compared to 101 million USD on July 1; estimating based on a roughly 3.5% share and an average scale of 427 million USD for the third quarter, the quarter's revenue was about 3.8 million USD, which annualizes to about 24 million USD based on the current scale of 674 million USD. There are 195,000 stock token holders, and last week the DEX trading volume was about 700 million USD. In the second quarter, the cryptocurrency trading volumes for Bitstamp and the Robinhood App were 22.1 billion USD and 18.3 billion USD, respectively, and he stated that there is currently no public data indicating how much of that is related to this chain.

Blink Wallet, a Bitcoin wallet, announced a monthly idle fee of $1 for custodial accounts that have not logged into the app for 12 consecutive months. This adjustment was initiated at the beginning of September through a change in the terms of service and push notifications were sent to inactive users, with the first deduction completed in mid-October. According to a blog post released by the company, users who log back in within 12 months will have the deducted fees refunded.This fee applies only to custodial accounts and aims to alleviate the burden that inactive accounts place on the startup. The announcement stated that these accounts incur ongoing costs related to ledger and infrastructure maintenance, record verification retention, compliance monitoring and reporting, as well as support for claims, which were previously shared by active users through regular in-app transaction fees. Sources told Bitcoin Magazine that approximately 100,000 accounts met the criteria for inactivity at the time of the first deduction, with a total balance exceeding $800,000. The first deduction collected about $45,000, primarily from accounts that had been idle for over a year with small Bitcoin balances. Blink Wallet originated from the Bitcoin adoption wave in El Salvador, initially named Bitcoin Beach Wallet, and was an early custodial Lightning Network wallet that introduced the Stable Sats feature to hedge value against the US dollar. The wallet was spun off from the founding company Galoy in October 2024, operated by Lukas Duczko and a new board, with Duczko holding a controlling stake, while Galoy continues as a service provider and minority shareholder, also establishing the Bitcoin Beach Fund.In recent years, custodial wallets have faced overall pressure, with Wallet of Satoshi, Alby, and Blue Wallet successively halting custodial wallet services and shifting to self-custody infrastructures like Spark. The EU MiCA regulations regarding licensing and KYC compliance requirements are an important backdrop. Blink launched a self-custody wallet supported by Spark in June 2026, and its user base is still adapting to this transition. On September 19, hackers withdrew 6.61 Bitcoins from custodial wallet users through compromised management tools, and the company's investors subsequently announced that they would fully compensate affected users.