What explains Aptos unusual spike in fees?

General
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Fees jumped from ~4.6K $APT per week to nearly 66K $APT last week (July 28–Aug 4) :rocket:
The week before (July 21–28) also saw a spike to 16K $APT.

Got a theory? Let’s investigate. :man_detective:

Was it a sudden jump in transactions?
Nope — transaction counts stayed relatively stable.

Could it be more active users driving demand?
Doesn’t look like it — no massive user spike here. :thinking:

So what’s going on?

The clue lies in block production.
We’ve had fewer blocks to fit transactions into, which means each block carries more transactions — and fees per block rise sharply. :chart_increasing:

I’m checking with Aptos to confirm why nodes are producing fewer blocks.

What do you think? why they do this?! share your thoughts

For now, despite this surge, Aptos fees remain among the lowest in the industry. :fire:

FireShot Capture 417 - Unsual Fee Spike on Aptos - dune.com
FireShot Capture 417 - Unsual Fee Spike on Aptos - dune.com1835×2695 423 KB

Find the charts in full size here : :backhand_index_pointing_down:

https://dune.com/0xham3d/unsual-fee-spike-on-aptos

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So this means there are less validators?? Thanks for the insight…

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Do we know if the reduced block production was caused by validator downtime, protocol-level throttling, or a deliberate config change?

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