State of Celo Q3 2023
Key InsightsAverage daily active addresses increased 75% QoQ to 70,200. Growth was largely driven by universal basic income protocol GoodDollar, which averaged 46,400 daily active Celo addresses.Celo began its transition…
Key InsightsAverage daily active addresses increased 75% QoQ to 70,200. Growth was largely driven by universal basic income protocol GoodDollar, which averaged 46,400 daily active Celo addresses.Celo began its transition…
Key InsightsIn Q3 2023, Matcha experienced a 7% increase in trades processed and a 2.7% decrease in the daily average rate of failed trades (revert rate). Simultaneously, trading volume and…
Over the past year, Layer-2s have seen a dramatic rise in daily active addresses, growing from 27% of Ethereum's active addresses to over 157%, largely due to the launch of…
Key InsightsROVI Network accounted for 99.9% of Boba BNB transactions, with 11.9 million transactions in Q3. ROVI Network is a “super app” that facilitates messaging, payments, and gaming.Transactions were flat,…
Key InsightsWhile prices and DEX volumes fell, Hashflow increased market share as volumes remained steady at $1.5 billion in Q3.Hashflow is deployed on seven chains. Its Ethereum instance was the…
Key InsightsActivity measured in relays serviced decreased 2% in Q3’23 but is still up 18% YoY.Average staking participation was 60% in Q3’23, down 2% QoQ. Service nodes and the Pocket…
Key InsightsThe number of active validators on BNB Smart Chain (BSC) grew 10% QoQ, from 29 to 31. At the same time last year, there were only 21 validators on…