Rent Paid to L1
The fees paid by Layer 2s to post transaction data & verification states onto Ethereum. For data availability: Ethereum Calldata and Ethereum Blobs are tracked here.
About this metric
What does Rent Paid to L1 tell you?
Rent paid to L1 quantifies the expenses associated with posting L2 transaction data and proofs onto the Ethereum blockchain. The term 'rent' signifies the gas fees L2s incur to leverage the security of the Ethereum blockchain. This metric provides valuable insights into the value accrual for ETH holders.
How is Rent Paid to L1 calculated?
We keep a public mapping file in our DNA GitHub repository maps Layer 2s to their contracts and settelement functions. Using this mapping, we analyze every transaction related to these contracts and sum the total fees paid by Layer 2s to post transaction data and verification states onto Ethereum. This includes fees for both data availability (Ethereum Calldata and Ethereum Blobs) and state verification. By aggregating these fees, we provide an accurate measure of the rent paid by Layer 2s to the Ethereum network.
How can Rent Paid to L1 be gamed?
We saw very little attempts to game this metric so far, since it reflects real costs that Layer 2s have to pay to operate.
How to interpret Rent Paid to L1?
The amount of rent paid to L1 mostly depends on the gas prices on Ethereum as well as the amount of data that Layer 2s post on L1. Higher rent payments generally indicate that Layer 2s are actively utilizing Ethereum's security and data availability features, while lower payments may suggest reduced activity or alternative approaches to data posting (i.e. alternative DA Layers like EigenDA).
