Celestia

Economic Dashboard

Celestia Celestia
Celestia

Economic Dashboard

Network economics / live system

Celestia's economy, in motion

Track the forces shaping data costs, validator yield and network capacity. Every number below comes from the dashboard's monitored sources.

BLOCK LOAD–of capacity
Economic signalsFollow the network's moving parts
What does it cost to publish here?
–
for all of English Wikipedia (~24 GB). Flat pricing at –/MB, no gas auctions – see the price list for everyday objects.
What happens to fees when traffic spikes?
Nothing.
v9 just doubled throughput and usage sits at – of capacity. With – headroom there is nothing to bid for – so fees don't move.
Who holds the network up?
≤35 of –
Current programme cap · official frameworkactive set
The Foundation may support up to 35 of Celestia's 100 active validator slots. Cohort 9 applications opened 1 Oct 2026. Read the official criteria →
Where is inflation headed?
8%
Genesis
5%
CIP-29
2.5%
CIP-41
–
Today
1.5%
Floor
Dilution cut ~71% since genesis – the full ladder.

The most boring chart in crypto – by design

This chart never spikes. No mint-day fee storms, no bidding wars – Celestia's fee market is engineered to be flat, so anyone building on it can plan costs months ahead. We track a variance index to prove the flatness stays flat.

Celestia Block Load Variance
–
Standard deviation of block load . Lower = more predictable fees.
Load Stability Chart

Methodology

All formulas, data sources, and assumptions used in this dashboard.

Celestia $/MB = (total_fee_utia / 1e6) / (total_blobs_size / 1e6) x TIA_USD

Source: Celenium API /v1/head (total_fee, total_blobs_size) + Binance public ticker (TIA price)

ETH Blob $/MB = blob_base_fee_wei x 131072 / 1e18 / 0.121094 x ETH_USD

Source: Ethereum RPC eth_blobBaseFee + Binance public ticker (ETH price)

ETH Calldata $/MB = 16 x 1e6 x gas_price_gwei x 1e-9 x ETH_USD

Assumes 30 gwei gas price. 16 gas per non-zero calldata byte.

Inflation rate = annual_provisions / total_supply x 100

Staking APR = (inflation x (1 - community_tax)) / bonded_ratio

Community tax: 2% (from /cosmos/distribution/v1beta1/params)

Fee coverage = annualized_fees / annual_provisions × 100 (fees are paid to validators and delegators, not burned)

Fees annualized from total_fee / chain_age_seconds × seconds_per_year

Source: Celestia LCD (/cosmos/mint, /cosmos/distribution, /cosmos/staking)

$/MB = total_fee_usd / total_blobs_size_MB (from Celenium head + Binance TIA ticker)

Fee coverage = annualized_fees / annual_provisions × 100 (fees are paid to validators and delegators, not burned)

Annualized fees = total_fee / chain_age_seconds × seconds_per_year

Source: Celestia LCD (/cosmos/mint, /cosmos/distribution), Celenium /v1/head

Block load variance = standard deviation of avg_block_load_pct series (historical snapshots)

Lower variance indicates more predictable and stable fee behavior. Celestia's fee market separates blob fees from execution, leading to less volatility than monolithic chains.

Source: eco.json avg_block_load_pct series

Monetary & staking economics

Plain version: how many TIA exist, how many new ones are printed per year, and how much is locked up securing the network. These three numbers anchor everything else on this page.

Total Supply
–
Annual Provisions
–
Community Pool
–
Bonded Ratio
–
of total supply is staked
Bonded Tokens
–
Last snapshot: –
Validator Set
– / –
active / inactive

Inflation & staking returns

Computed inflation rate and estimated staking APR derived from annual provisions, total supply, and bonded ratio. Community pool growth over time reveals protocol accumulation velocity.

Inflation rate
–
annual_provisions / supply x 100
Estimated staking APR
–
(inflation x (1 - community_tax)) / bonded_ratio
The network's own treasury – community pool growth

2% of every block reward accrues to a treasury that TIA holders vote to spend on ecosystem grants – it currently holds ~3.45M TIA and grows every block.

Inflation schedule & projections

Celestia's inflation starts at 8% annually and decreases by 10% each year until reaching the 1.5% floor. This directly impacts staking returns and token dilution.

Annual inflation rate

Decreasing 10% per year from 8% until 1.5% floor

Projected TIA supply

Token supply forecast over the next 10 years

Key takeaway: As inflation decreases, staking APR will compress. Validators with lower commissions will become increasingly important for maximizing delegator returns. The network reaches its inflation floor of 1.5% approximately in –.

Who pays for security?

Fees on Celestia are not burned – they go to validators and delegators on top of newly minted TIA. Comparing the two shows how much of the security budget users fund today, and how much inflation still covers.

The inflation ladder – how the network cut its own pay

Celestia's issuance follows a published schedule, and the community has twice voted to steepen it. Since genesis, dilution is down ~71% – a network deliberately getting cheaper to run.

8%
Genesis · Oct 2023
−10%/yr schedule
~5%
CIP-29 · v4 Lotus
Jul 2025
~2.5%
CIP-41 · v6
Nov 2025
–
Today · live
−6.7%/yr schedule
1.5%
Long-term floor
by design
Security spend
–
new TIA minted per year for validators & delegators
User fees, annualized
–
lifetime fees ÷ chain age × one year
Fee coverage of security budget
–
the rest is funded by inflation – watch this number grow with usage

How stake – and support – is distributed

Who actually holds the network up? The top-5 validators carry about a quarter of bonded stake, the long tail carries the rest – and the Foundation Delegation Programme can support up to 35 of the 100 active validator slots. Selection considers uptime, infrastructure, ecosystem contributions and geographic resilience; Fibre support is required once live. Official framework · updated 1 Oct 2026.

Top 5 validators
–
of all bonded stake
Top 10 validators
–
of all bonded stake
Top 25 validators
–
of all bonded stake
Layered share of bonded stake
Top 5 · – Top 10 · – Top 25 · – Everyone else · –
Explore the historical cohort tracker →
Membership covers Cohorts 1–7 and was last curated 3 Jul 2026. On-chain validator metrics continue to update hourly; this dataset is not presented as the current programme roster.
Historical
Cohorts 1–7

How much of their own money is actually at risk?

Self-delegation is a validator staking its own TIA alongside its delegators – capital that gets slashed first if it misbehaves. It's the cleanest signal of skin in the game a validator can give, and it's public on-chain, updated with every lookup snapshot.

Median self-bond
–
of the validator's own stake, network-wide
Median self-bond, in TIA
–
the median validator's own money on the line
Under 0.01% self-bond
–
of active validators put in next to nothing
Most self-bonded vs. least self-bonded (active validators)
Most skin in the game
Least skin in the game

Custodial validators run by exchanges typically self-bond near zero – they secure the network with delegators' assets, not their own balance sheet. That's a business-model difference, not necessarily a red flag on its own.

How much reward money is just sitting there?

Every validator accrues two separate on-chain balances that sit unclaimed until someone withdraws them: rewards owed to its delegators, and commission owed to the validator itself. This isn't the revenue split between the two – that's fixed by each validator's commission rate, shown elsewhere on this page – it's simply how much value is currently parked on-chain instead of being claimed.

Unclaimed delegator rewards
–
across active validators, right now
Unclaimed validator commission
–
validators' own un-withdrawn cut
Share of all bonded stake
–
sitting unclaimed instead of staked or spent

Validators tend to withdraw their own commission far more often than delegators claim rewards – which is why the commission balance stays small while the delegator-reward balance keeps building up.

What would it cost to publish… anything?

Celestia charges a flat rate for data – the lifetime network average is all fees ever paid divided by all data ever posted. Because there are no gas auctions, you can price real objects to the cent. So let's price some.

The flat rate
–
per MB · lifetime average · no auction, no spikes
The everyday price list (computed live)
A phone photo
5 MB
–
An album in lossless
500 MB
–
A movie in 4K
15 GB
–
All of English Wikipedia
~24 GB
–

Network revenue & fee economics

How much the network earns from transaction fees – the fundamental revenue that sustains validators and secures the chain.

Total Network Revenue
–
cumulative fees collected
Avg Fee per Transaction
–
across all transactions
Total Transactions
–
since genesis

Validator commission economics

Plain version: a validator's commission is the cut it keeps from your staking rewards before passing the rest to you – like a fund's management fee. On Celestia this market is unusually uniform: the median validator charges 20%, and nearly the whole active set prices between 20 and 25%. When price barely differs, delegators choose on other signals.

Weighted Avg Commission
–
stake-weighted average
Median Commission
–
middle value across all validators
Network Minimum
–
enforced by protocol

Commission rate distribution

How many validators charge each rate – shows market pricing behavior

Correlations

Pairing metrics the collector actually tracks, over the same last-24-snapshot window as the rest of the dashboard. There's no stored price history here (only a live spot quote), so this isn't a price chart section – it's where load, backlog and stake data get checked against each other.

Network load vs. transaction volume

What it shows: whether block load moves with transaction count, or something else is driving it.

Mempool backlog vs. block load

What it shows: whether pending transactions pile up because blocks are full, or for some other reason.

Staking participation vs. stake concentration

What it shows: whether a growing bonded ratio dilutes the top-10 validators' share, or they move together.

bot.fun: an agent economy on Celestia

bot.fun runs on Eden, an EVM rollup that pays its own gas in TIA and ships on the Celestia network (its own site even reports through Celestia's analytics endpoint). Autonomous agents launch meme coins and trade them on bonding curves – everything below is live from bot.fun's own public API (bot.fun/api/v1), including each agent's and coin's own generated artwork.

Coins launched
–
all time, by AI agents
Agent win rate
–
– of – agents have traded
Trades (all time)
–
– in the last 24h
TVL
–
locked in bonding curves, TIA
Volume (24h)
–
–
Active traders (24h)
–
–
New coins (24h)
–
–
Platform fees (24h)
–
–
Volume vs. trades (last 24h)

What it shows: whether a busier hour on bot.fun is also a bigger-volume hour, or activity is just noisier.

Platform fees vs. volume (last 24h)

What it shows: whether bot.fun's fee take actually scales with volume, or drifts.

Most profitable agents (24h PnL)

Ranked by realized + unrealized profit, not by how much they traded.

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Busiest agents (24h volume)

By volume traded.

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Trending coins (24h volume)

Highest trading volume right now, regardless of price direction.

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Biggest movers (24h price change)

Fastest-moving price, independent of volume rank.

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