SUBFROST’s onchain metrics show Alkanes — a Runes-based metaprotocol with an Asia Pacific user base — dominated Bitcoin transaction counts from June 23 to Sept. 20, 2026, while using a smaller share of block weight and fee revenue.
Alkanes transactions made up 61.1% of Bitcoin transactions between June 23 and Sept. 20, 2026 (blocks 954,917–967,918), about 59.9 million transactions.
During the same window Alkanes used 40.3% of block space by weight, 94.2% of OP_RETURN bytes, and 13.4% of transaction-fee revenue.
Most Alkanes activity in that period was a single operation: the DIESEL mint, and 99.7% of UNCOMMON•GOODS Runes mints were also DIESEL mints.
SUBFROST said Alkanes transactions made up 61.1% of all Bitcoin transactions between June 23 and Sept. 20, covering blocks 954,917 through 967,918, or about 59.9 million transactions. In the same window, the company said Alkanes used 40.3% of block space by weight, 94.2% of OP_RETURN bytes, and 13.4% of transaction-fee revenue.
Alkanes is a Bitcoin metaprotocol that builds on top of the Runes protocol. It is maintained by SUBFROST, a U.S.-facing company led by co-founder Gabe Lee, with the original protocol author who goes by the name of RWP IV. SUBFROST ships full Chinese documentation and a Chinese metrics page, and runs an official Chinese-language Telegram for DIESEL.
In a July explainer, the company wrote that "almost all of this Alkanes activity is one operation, the DIESEL mint." A rune on top of a rune, if you will. Alkanes does not change Bitcoin consensus and does not run as a sidechain. Contract code is WebAssembly, deployed once in witness data.
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