Dencun Upgrade
Activation epoch: 269568
The Ethereum Cancun-Deneb Upgrade (Dencun Upgrade) aims to advance the scalability and modularity of Layer 2 networks, increase the security features within the Ethereum network, and improve overall usability. For a complete list of protocol changes, refer to EIP-7569. To learn more, check
Why it's important
Following the Dencun Upgrade, users will notice a significant decrease in transaction fees on the Layer 2 network. This improvement is anticipated to increase transaction activities, further supporting the development of Layer 2 networks.
L2 daily avg. fees
Chain/type | Before/after | Change (%) | 24h low |
|---|---|---|---|
 Arbitrum One Optimistic Rollup | $0.62 $0.01 | 97.01% | $0.01 |
 StarkNet ZK Rollup | $0.98 $0.03 | 96.59% | $0.03 |
 zkSync Era ZK Rollup | $0.40 $0.05 | 87.42% | $0.05 |
 OP Mainnet Optimistic Rollup | $1.01 $0.05 | 94.24% | $0.05 |
 Manta Pacific Optimium | $0.29 $0.08 | 69.78% | $0.08 |
 Base Optimistic Rollup | $0.88 $0.33 | 62.06% | $0.34 |
 Linea ZK Rollup | $1.02 $0.51 | 49.32% | $0.51 |
 Scroll ZK Rollup | $2.03 $1.11 | 45.32% | $1.11 |
 Polygon zkEVM ZK Rollup | $4.22 $2.26 | 46.43% | $2.26 |
L2 token price
L2 daily txn volume
L2 daily txn count
The significant reduction in transaction costs, paired with increased throughput, is set to create a favorable environment for advancing Layer 2 networks and their applications. This signals an imminent surge around Layer 2 narratives.
L2 TVB
L2 TVL
L2 TPS
L2 address overview
About Blobs
Blob data effectively reduces Layer 2 transaction fees and improves transaction throughput. However, Blob storage is only temporary, lasting 4,096 epochs, or about 18 days. OKLink securely stores all Blob data, ensuring historical data integrity and retrievability to support ecosystem development. For specific Blob data requests, both individuals and public chain teams can reach out to us.
Ethereum's next frontier
The Dencun Upgrade sets the stage for Ethereum's future developments, such as sharding preparations through EIP-4844, moving towards a scalable, decentralized, and globally accessible settlement layer. For more information, check out OKLink Ethereum insights.
ETH token price and supply
Ethereum's roadmap
Ethereum officially launched on Jul 30, 2015, marking the beginning of a new era for decentralized applications (DApps). Explore Ethereum's development history.
Future
The Scourge will feature upgrades addressing censorship resistance, enhancing decentralization, and mitigating protocol risks related to MEV.
Mar 2024
The Dencun Upgrade improves the scalability and modularity of Layer 2 networks, enhancing Ethereum's security features and overall usability.
Apr 2023
The Shanghai Upgrade brought staking withdrawals to the execution layer, which allows stakers to withdraw their ETH from the Beacon Chain to the execution layer.
Sep 2022
Starting from Paris, Ethereum moved towards The Merge. It switched off the proof-of-work (PoW) algorithm and associated consensus logic and switched on proof-of-stake (PoS).
Aug 2021
The London Upgrade introduced EIP-1559, which reformed the transaction fee market, along with changes to the Gas refund handling and the Ice Age schedule.
Dec 2020
The Beacon Chain needed 16,384 deposits of 32 staked ETH to ship securely. The chain started producing blocks on December 1, 2020. This is an important first step in achieving the Ethereum vision.
Jul 2015
Ethereum officially went live on July 30, 2015, with Frontier being the initial version of Ethereum.