According to reports from Wu, analyst Michael Nadeau cited Token Terminal data indicating that Aptos spent $494 million in 2024, only earning $1.38 million in user fees.
This means Aptos spent $358 to capture $1 in fees. $494 million was allocated to 151 validators, with each validator receiving an average of about $3.27 million.
In comparison, during the same period, Solana spent $7.22 to capture $1 in fees, Ethereum spent $1.14, and Avalanche spent $63.
