EIP 4844 shipped with Ethereum's Dencun upgrade. The proposal introduced "blob-carrying" transactions which represent a crucial step towards a scalable gas market. Four months out, we can see how that vision has played out. For the vast majority, blobs have behaved as expected and fulfilled their promise of significantly reducing gas prices for Ethereum-based rollups. Through our exploration of the data, we've found that: 77.97% of on-chain Type 3 transaction volume is collectively submitted by 25 different Layer 2 protocols (L2s). 72% of Type 3 transactions carry only 1 blob. On average, Type 3 transactions with 1 posted blob use 23.3% of available storage, while Type 3 transactions with 6 posted blobs use 99.1%. Type 3 transactions take 2.1 times longer to confirm on-chain than non-Type 3 transactions