High-definition bathymetry mapping, combined with the measurement of dissolved benthic fluxes and water column biogeochemical properties, allows for a description of new biogeochemical processes around the Panarea Volcanic island. Investigations focused on the CO2 releases from the bottom sea on the east of the Panarea volcanic complex provided insights into the geological setup of the marine area east and south of the Panarea Island. Between the Panarea Island and the Basiluzzo Islet lies a SW-NE-stretching graben structure where a central depression, the Smoking Land Valley, is bounded by extensional faults. Abundant acidic fluids rich in dissolved inorganic Carbon are released on the edges of the graben, along the extensional faults, either diffusely from the seafloor, from hydrothermal chimneys, or at the center of craters of different sizes. The precipitation of iron dissolved in the acidic fluids forms Fe-oxyhydroxides bottom sea crusts that act as a plug, thus preventing the release of the underlying gases until their mounting pressure generates a bursting release. This process is cyclic and results in intermittent gas release from the bottom, leaving extinct craters and quiescent chimneys. The measurement of dissolved benthic fluxes allowed us to estimate the volcanic DIC venting at 15 Mt of CO2 over the past 10,000 years. The fluxes are not distributed homogeneously but rather concentrate along fractures and fault planes, which facilitate their rise to the seafloor. The acidic fluids released affect the chemical properties and structure of the water column through the formation of layers with a lower pH under the pycnocline, which can limit volcanic CO2 release to the atmosphere. Further and continuous monitoring and investigation of the area are needed in order to complete a thorough picture of the variations in fluid releases through time and space. The importance of such monitoring lies in the development of a new method for detecting and quantifying the diffusive dissolved benthic fluxes on a volcanic sea bottom affected by hydrothermal seeps.