According to Odaily, data shared by crypto data analyst Kofi on platform X reveals that Base topped the list of L2 chains in May with on-chain profits reaching $6.98 million. Coming in second was Optimism, which achieved $1.57 million in on-chain profits. Scroll, Arbitrum, and Linea ranked third to fifth, with on-chain profits of $1.35 million, $802,000, and $612,000 respectively. It should be noted that on-chain profit is calculated by subtracting the cost of batch issuance and verification proofs on L1 from the L2 gas fee income.
Base Leads L2 Chains With $6.98 Million On-Chain Profits In May
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