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Unpacking EIP-1559
EIP-1559 is slated to go live in July 2021....Variants of EIP-1559 have already been deployed on Filecoin, Near, and Celo with moderate success....EIP-1559 Refresher and ELI5
At a high level, EIP-1559 makes Ethereum transactions more methodical by...-1559 is implemented.
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9 Min
Infrastructure
Jun 2021
In contrast, Optimism uses a modified Priority Gas Auction model based on EIP-1559, while FastLane is...Optimism’s Priority Gas Auctions (EIP-1559)
Optimism and, consequently, Base, which is based on OP Stack..., use Priority Gas Auctions based on EIP 1559.
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16 Min
Layer 2 / L2
Sep 2024
Stablecoin-centric fee model: USDT transfers are zero fees, while non-stablecoin transactions follow a modified EIP...-1559 burn mechanism to funnel value back to the XPL token....(1 year cliff + 2 year vest)
Investors: 25% (1 year cliff + 2 year vest)
Plasma adopts Ethereum’s EIP...-1559: base transaction fees are burned.
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19 Min
Infrastructure
Sep 2025
One of the most significant and discussed upgrades happening in the Dencun hardfork is EIP-4844, and...EIP-4844: Data Publication
The spotlight around the Dencun hardfork is undeniably on EIP-4844 (also known...as Proto-Danksharding) which is one of the most anticipated upgrades in Ethereum since EIP-1559 and...
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93 Min
Infrastructure
Dec 2023
Transaction Fees & MEV: Since the implementation of EIP-1559 the base fee portion of transactions...ETH Net Issuance and Staking Rate After The Merge
Since its introduction, EIP-1559 has led to ~$6.8B...-1559....The first chart shows us the real net issuance of Ethereum since EIP-1559 was enacted in August 2021,...
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11 Min
Proof-of-Stake
Apr 2022
With Pectra around, UX on EVM chains could get a nice facelift with EIP-7702....EIP-7702 also helps with account recovery and gas abstraction....EVM chains may also come up a level if they extend support to EIP-7702....MegaETH has experimentally enabled EIP-7702 on their testnet....They’ve also extended experimental support to EIP-7702, as I previously noted.
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13 Min
Layer 1 / L1
Mar 2025
ETH Burns Can Further Heat Up
On Monday, we spoke about EIP-1559 burns amounting to 17,000 ETH ($53...The old style of Ethereum transactions where miners receive the entire fee now co-exists with EIP-1559...Interestingly, EIP-1559 transactions still account for the minority of Ethereum transactions since launch...
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4 Min
DeFi
Aug 2021
ETH Burns, Lowest Emission Month Incoming
Ethereum burns from EIP-1559 flared up in the month so far...January 2022 is on its way to be the lowest ETH-emitting month since EIP-1559.
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3 Min
DeFi
Jan 2022
...asset, with a simulated yearly net deflation of -2.2% based on historical burns that happened since EIP...-1559....For more on ETH and the impending merge, Delphi members can revisit our EIP-1559 report here.
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4 Min
Macro & Markets
Mar 2022
ETH Inflation Rate Craters
Before EIP-1559 was implemented on Aug. 5, ETH’s annualized daily inflation...inflation rate has trended down sharply since and averages an annualized emission rate of 1% since the EIP...Although it’s unlikely that this sustains until the PoS merge, EIP-1559’s impact on ETH’s inflation is...
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3 Min
Infrastructure
Sep 2021
EIP-1559 Getting Hot as Burns Crosses 1M ETH
Over 1M ETH has been burned since the EIP-1559 implementation...
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3 Min
Layer 1 / L1
Nov 2021
With EIP-1559 going live today, a weak “sell the news” event played out right before the US session....With the much-anticipated EIP-1559 going live in today’s London hard fork, the most obvious theory is...Solana & Terra DeFi At ATHs
As the Ethereum community celebrates EIP-1559 and NFT seasons, the Terra...
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3 Min
DeFi
Aug 2021
-1559 with an exponential pricing rule)
And then DS will further add:
PBS
DAS
2D KZG scheme
Proof-of-custody...-1559
PDS finally creates a tailored data layer – data blobs will get their own distinct fee market with...-1559 mechanism....-1559 to a new exponential EIP-1559 mechanism.
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51 Min
Layer 1 / L1
May 2022
The supply burn places deflationary pressure on LUNA making it increasingly scarce, similar to EIP-1559...Ethereum is doing 43x the fee revenue of $BTC
Over 2.7 billion locked in Layer 2’s
423k ETH burned since EIP...-1559
@gridplus Lattice1 users can browse NFTs on @0xFrame
— Crypto Gucci (@CryptoGucci) October 4,...
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4 Min
Infrastructure
Oct 2021
OJcpz1sAWO
— The Block (@TheBlock__) September 2, 2021
A thread addressing the perceived negative impact of EIP...-1559
“EIP-1559 sucks....I suppose gas prices would be much higher now if we didn’t have EIP-1559....How does EIP-1559 save you $ETH? ??
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3 Min
Layer 1 / L1
Sep 2021
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$53 Million of ETH Burned
EIP-1559 is living up to expectations as a potential deflationary force...Since the London Hard Fork (when the EIP was implemented) on Aug. 5, over 17,000 ETH, or $53 million...Before the EIP was implemented, miners would’ve pocketed all of that ETH as revenue for their services...
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4 Min
DeFi
Aug 2021
With the reduction in emissions alongside EIP-1559 burns, Ethereum will likely become net-deflationary...
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7 Min
Proof-of-Stake
May 2022
Avalanche’s C-Chain adopts an EIP-1559-like mechanism that allows priority fees for block inclusion during...
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22 Min
Infrastructure
Jun 2025
Fundamental Drivers
The much-anticipated EIP-1559 has finally been implemented, and the early data has...have earned 9,900 ETH in tips, at an average rate of ~ 380 ETH per day, over the same period; before EIP...-1559, miners would’ve pocketed the entire 143,000 ETH
The ETH burns have been influenced by higher...
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6 Min
Layer 1 / L1
Aug 2021
...has contributed to several onchain advancements: driving rollup transactions to sub-cent fees through EIP...Combined with the massive reduction in transaction fees post EIP-4844 (typical fees are now <1 cent...While this is in part because of EIP-4844, the scaling efforts Base has been making (such as raising...
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35 Min
Layer 2 / L2
Nov 2024



















