June 2025 State of the Network Report
The June 2025 edition of the State of the Network report presents an overview of key activity and performance metrics across the Swarm network. These figures provide insight into node participation, reward distribution, and geographic activity throughout the month.
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"Active nodes" are full nodes identified by a unique Gnosis Chain address with the required minimum staked xBZZ that have submitted a commit transaction during the month.
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All rewards are denominated in xBZZ. Since the fiat value of xBZZ fluctuates monthly, these metrics may not reflect the real-world returns for node operators.
Network Total Monthly Rewards
This metric shows the total storage incentives rewards paid out across the entire network for each month.
| Month | Total Network Rewards (xBZZ) |
|---|---|
| January | 29,976 |
| February | 27,350 |
| March | 39,853 |
| April | 24,441 |
| May | 27,851 |
| June | 24,545 |
Total network rewards decreased from 27,851 xBZZ in May to 24,545 xBZZ in June, a drop of approximately 11.9%.
Monthly Median Win Values
This metric is the median win amount for each win event, providing insight into the typical reward nodes can expect from a single win event.
| Month | Median Win Values (xBZZ) |
|---|---|
| January | 8.48 |
| February | 8.54 |
| March | 11.73 |
| April | 7.21 |
| May | 8.12 |
| June | 7.38 |
The median win value declined slightly from 8.12 xBZZ in May to 7.38 xBZZ in June.
Monthly Average Win Values
This metric shows the average win amount for each win event, offering an understanding of how the reward amounts are distributed across the network.
| Month | Average Win Values (xBZZ) |
|---|---|
| January | 9.13 |
| February | 9.39 |
| March | 12.21 |
| April | 7.51 |
| May | 8.24 |
| June | 7.44 |
Average win values saw a small decrease from 8.24 xBZZ in May to 7.44 xBZZ in June.
Active Staking Node Monthly Average Earnings
This metric shows the average monthly earnings for an active staking node, with an "active node" defined as a node that has submitted at least one commit transaction during the month.
| Month | Avg Total Earnings per Node (xBZZ) |
|---|---|
| January | 4.10 |
| February | 4.19 |
| March | 7.02 |
| April | 4.88 |
| May | 5.28 |
| June | 4.97 |
Average earnings per active staking node fell from 5.28 xBZZ in May to 4.97 xBZZ in June.
