Market structure

Transaction fees

Fees users pay to have transactions processed.

What it means

On many chains, fees compensate validators or miners and price access to blockspace.

Why it matters

Fee spikes can affect user behavior, miner revenue, and application viability.

Same category

Related glossary reads

Market structure

Liquidity

How easily an asset can be bought or sold without moving price heavily.

Glossary read
Market structure

Slippage

The difference between expected price and executed price.

Glossary read
Market structure

Holder concentration

How much supply is controlled by the largest wallets.

Glossary read
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