BNB Chain Leads in Fees and User Activity, Hits Perpetuals Volume ATH

BNB Chain reports $1.61 million in chain fees, 58.6 million monthly active addresses, and a record high in perpetuals trading volume.

BNB

Summary

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Terms & Concepts
  • Chain Fees: The total transaction fees generated by blockchain activity over a specified period.
  • Monthly Active Addresses: The number of unique blockchain wallet addresses that engage in transactions within a month.
  • Perpetuals Volume ATH: The highest recorded trading volume for perpetual contracts, which are derivatives without an expiry date.