Cardano’s Transaction Fees Cover Just 0.7% of Staking Rewards Amid Declining Activity
- Cardano collected 3.3 million ADA in transaction fees while recording 493.7 million ADA in staking rewards across the last 73 epochs.
- Fees accounted for approximately 0.668% of total rewards, indicating a reward-to-fee ratio of about 149.6 times.
- Average daily transactions fell from 90,294 in 2022 to 24,869 in the first eight months of 2026, marking a decline of 72.46%.
- The share of circulating ADA staked decreased from 75.6% at the end of 2022 to 58.3% in September 2026.
- Automated transactions (bots) increased from representing 11.5% of total transactions in 2022 to 32.8% by August 2026.
The significant gap between Cardano’s transaction fees and staking rewards highlights challenges in generating sustainable revenue through user activity and applications on the network.
With only 3.3 million ADA collected in fees against a staggering 493.7 million ADA in rewards, Cardano faces pressing economic questions regarding its fee structure and user engagement.Source