Why Are Ethereum Gas Fees Hindering DeFi Development? What Can Be Done?

An overview of Ethereum's scalability challenges. Authored by: Remco Bloemen, 0x Technical Expert Translated by: Leo Young If you've used DeFi products recently, you must have been deterred by high transaction fees. It's now common to pay tens to hundreds of dollars in transaction fees for Ethereum transactions. At current rates, only "whale" transactions can be profitable.