Scroll has not publicly addressed the findings at the time of writing.
Etherfi Cash bots, which are still running during the protocol's ongoing migration to Optimism, accounted for roughly $35,000, or 66% of the excess, per L2BEAT. Scroll's own oracle relayer paid approximately $5,200, with LayerZero, Succinct, and other bots making up the rest.
The issue was first flagged by a pseudonymous developer running a Succinct relayer, who posted on X that their transaction costs had jumped from $0.002 to over $20.
"Scroll was subsidizing L1 DA costs and is now correcting to sustainable pricing?" the developer asked. "And there's no users on Scroll except us, so we're paying full price for it?"
Crypto research firm Kairos Research noted that the fee spike appeared to coincide with etherfi's migration to Optimism. When etherfi was Scroll's dominant app, total daily transaction fees from its products averaged about $250. After the multiplier increases began on March 31, that figure jumped to roughly $16,000 per day.
L2BEAT clarified that the overcharges were not a sequencer issue, as the L1 gas prices reported by the oracle were accurate. The entire overcharge came from the multiplier increases, which went through a separate governance path involving the team's multisig wallet.
The episode raises the question of whether Scroll had been running fees below cost to retain users, a common practice among L2s competing for activity, and abruptly repriced once its largest fee contributor departed.
Scroll’s total value locked (TVL) sits at just $24 million, according to DeFiLlama, down 96% from its peak of $585 millon in October 2024.
This article was written with the assistance of AI workflows. All our stories are curated, edited and fact-checked by a human.