The commission may become a record in the Ethereum blockchain, for a transfer of $ 100 thousand USDT was charged 236 times more.
Cryptocurrency exchange Bitfinex transferred $ 100 thousand USDT stablecoins on the Ethereum network to the address of the Deversifi decentralized trading platform.
According to Etherscan , the transaction fee was 7.67 thousand ETH ($ 23.6 million at the time of the transfer). The commission exceeded the transfer amount by 236 times.
According to The Block , Deversifi specialists are investigating the reason for such a high commission on the Ethereum network.
The publication notes that this commission may become a record in the blockchain of the largest altcoin in terms of capitalization.
Last week, a buyer of 10 non fungible tokens (NFT) from TIME magazine paid more than $ 70K in fees at an NFT price of 1 ETH ($ 3.1K at the time of purchase).
Ethereum network fees are calculated based on the network load.
The more transactions the blockchain needs to process, the greater the commission will be.