Ethereum and Bitcoin Dust: A Snapshot

Ethereum Wallets: Currently, more than 40 million wallets are present in the Ethereum ecosystem with balances below 0.0005 ETH (~$0.90). Due to network fees and the tiny amounts of ETH, around $11 million (6,242 ETH) is sidelined and rendered unusable.

Bitcoin Wallets: According to our research, approximately 20% of Bitcoin's total supply is considered either lost or unspendable, with crypto dust accounting for a significant share of these funds. In particular, there is less than $50 worth of BTC on the majority (51%) of Bitcoin addresses, making the underutilized value reach $210 million in the network.

DAP's Own Research on Dust Across Various Cryptocurrencies: Our independent analysis goes well beyond BTC and ETH to incorporate a broad spectrum of cryptocurrencies. By studying them, we have uncovered that the average crypto wallet with regular trading activities on decentralized exchanges (DEXs) stores around 10 different dust tokens. In many cases, their collective value often slips under the radar of the wallet's owner. This finding highlights the massive potential of aggregating crypto dust across millions of active wallets and using it to fund projects with a positive environmental impact.