
Exchange Share of Transaction Fees divides fees attributed to exchange-related activity by all Bitcoin transaction fees on the same day. Deposits, Withdrawals, In-house and Inter-exchange show each category’s percentage of network fees, while Total combines the exchange-related categories.
A rising Total means exchanges account for a larger portion of the fee pool; a falling share means other activity contributes relatively more. Total reached 80.55% on June 19, 2018, but was only about 4.50% on April 20, 2024, demonstrating how widely the composition can change.
A share can fall while exchange fees increase if network fees grow faster, so compare it with absolute exchange and network fee totals. Address labeling and wallet operations affect attribution. Early zero entries in the 2009–2010 history do not establish that no exchange-related fees were paid.
They use all Bitcoin network transaction fees as the denominator. Total is therefore the exchange-related share of the whole network, not a line that must equal 100%.
The series stores fractions and displays percentages: 0.1807 corresponds to 18.07%. This was the Total reading on October 17, 2026.
No. Trading on an exchange’s internal ledger is not recorded here. Wallet maintenance and transfers also generate on-chain fees, so the share measures the fee contribution of attributed activity rather than trading volume.