Frosty Metrics🔺
@frostymetrics
The one-stop platform for everything Avalanche data. Explore network, DeFi, NFT, and GameFi metrics. Built by @TheTieIO
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https://frostymetrics.com 27-11-2023 17:59:06
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The Avalanche 🔺 DeFi ecosystem has seen a strong increase in activity across a variety of metrics in the past 7d: - DEX trading volume +37% - DeFi transaction counts +44% - DeFi TVL +23% Some of the top movers include: Curve Finance, hashflow, GMX 🫐, WOOFi, Pangolin (V3 coming soon) and
The stablecoin market cap on Avalanche 🔺 is growing and now sits at over $2 billion. Stablecoins are vital to DeFi as they allow market participants to freely exit from volatile positions, facilitate payments, and increase liquidity for other tokens. The largest stablecoins on
"avALanChE iS juSt ThE C-cHain" The below chart shows the daily transaction counts of a basket of popular Avalanche 🔺 L1s. Of the last 90d, the C-Chain accounted for only 13.9% of the total transaction count from the basket. Top projects with their own L1 include: DeFi Kingdoms 🔺🌿,
Where are Avalanche 🔺 users geographically? Based on traditional trading hours, the US appears to be the most active region for C-Chain users, followed by Europe and then Asia. Follow Frosty Metrics🔺 for more data-driven insights and #Avalanche narratives!
What will the Etna Upgrade bring to Avalanche 🔺? - ACP (Avalanche Community Proposal) 77 will dramatically lower the startup costs for new L1 blockchains, meaning more builders can build applications and explore innovation spaces. - ACP 125 will bring down the cost to use the
.Avalanche 🔺 yield farming protocols like Yield Yak 🐃 🥛, DeltaPrime, and SteakHut have seen total value locked (TVL) rise in the last 30d. Over that time, Yield Yak's TVL has increased +20.5%, DeltaPrime's TVL has increased +23.7%, and Steakhut Finance's TVL is up +105%.