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Arbitrum One Logs $300,000 in Priority-Fee Revenue and 21M PGA Transactions

Priority Gas Auction lets users compete for earlier transaction ordering on the Ethereum layer-2 network.

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An auction paddle rests beside a neat line of ceramic tiles / TokenPost.ai
An auction paddle rests beside a neat line of ceramic tiles / TokenPost.ai

Arbitrum One generated $300,000 in priority-fee revenue. A total of 21 million transactions used Priority Gas Auction (PGA). The figures describe separate measures: priority-fee revenue and PGA transaction use.

The Priority Gas Auction (PGA) lets users compete for earlier transaction ordering on Arbitrum One, an Ethereum layer-2 network.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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