Ethereum Name Service Recorded Over 2.8M Domain Registrations in 2022

The figure represents 80% of all registrations since the service launched.

AccessTimeIconJan 4, 2023 at 7:57 a.m. UTC
Updated Jan 4, 2023 at 3:40 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global event for everything crypto, blockchain and Web3.Register Now

Ethereum Name Service (ENS) saw a lifetime record number of domain registrations in 2022 amid a broader market frenzy in which some traders treated the domains as investments.

ENS is a decentralized domain name protocol that runs atop the Ethereum network. It provides users with an easily readable name such as “abc.eth” instead of a complex, long-form alphanumeric address for their crypto wallets, similar to the way the Domain Name System substitutes memorable names such as "" for websites' numeric internet-protocol addresses.

Data from Dune Analytics shows that more than 630,000 unique wallets created 2.82 million domain names, with 459,000 of those classified as “primary names.” Primary names are ENS addresses that resolve to a user’s crypto wallet and can be used as a proxy to search for information on blockchain explorers, such as Etherscan. The 2.82 million figure represents over 80% of all registrations since the service started in 2017.

September saw the most ENS registrations at more than 430,000 unique domains, and December recorded the lowest at just 52,000 domains, the data shows. The month of May, however, saw the most new users at more than 64,000.

Some ENS buyers treat the names as investments, purchasing popular and common names and selling them for a profit, research firm Delphi Digital said in a July note. At the time, “000.eth” was sold for a record 300 ether (ETH), fueling interest in three-digit ENS names as “traders tried to capitalize on the hype,” according to Delphi analysts.


Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Shaurya Malwa

Shaurya is the Deputy Managing Editor for the Data & Tokens team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.

Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to to register and buy your pass now.