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How big is this DeFI things? Where are we in the cycle?
Total DeFi users: 300k growing by 50k over past 2 weeks.
Innovator market: 8k
Early users / speculators: 8k
Active DeFi traders: c. 100k of which 17k are very active.
Others stats and data
Total DeFi users: 300k growing by 50k over past 2 weeks.
Innovator market: 8k
Early users / speculators: 8k
Active DeFi traders: c. 100k of which 17k are very active.
Others stats and data
. @CoinMarketCap is seeing the lowest number of monthly visits since beginning of the year:
26m vs 34m at the beginning.
= Retail investors have no more interest in crypto
26m vs 34m at the beginning.
= Retail investors have no more interest in crypto
. @coingecko is doing a fantastic job but is only slightly up since beginning of the year.
8.4m vs 7.9m
= Active retail moved from CMC to Coingecko
8.4m vs 7.9m
= Active retail moved from CMC to Coingecko
. @TheBlock__ is also doing a great job but is seeing a decrease in monthly visits
=> 545k monthly visits
=> 545k monthly visits
. @MessariCrypto is going through same pain. only 172k monthly visits in June vs 221k at the beginning of the year.
and finally @CoinDesk is seeing a slight growth 3.7m vs 3.3m.
Summary
- Generalist price comparison websites are seeing a drop in traffic
- Specialised price comparison websites are seeing a flat /slight growth but no major change
- Specialist news / research are going through decrease in audience while large news specialised agency are up
- Generalist price comparison websites are seeing a drop in traffic
- Specialised price comparison websites are seeing a flat /slight growth but no major change
- Specialist news / research are going through decrease in audience while large news specialised agency are up
but @FTX_Official is up! to around 854k
and @binance is slightly up to 23m vs 20m at beginning of the year.
but everyone knows, the action is NOT on CEX but on DEX.
and @UniswapProtocol is the main actor with 90k monthly visits vs 18k start of the year.
and @UniswapProtocol is the main actor with 90k monthly visits vs 18k start of the year.
and this is also shown in DeFi only data company like @defipulse
Interesting nugget: @defipulse has more monthly visits in June than @MessariCrypto
This is incredible. This is a community-based project started by the folks at https://concourseopen.com/ - no venture nothing..
Interesting nugget: @defipulse has more monthly visits in June than @MessariCrypto
This is incredible. This is a community-based project started by the folks at https://concourseopen.com/ - no venture nothing..
Summary
- Large CEX are slightly down or relatively flat
- Uniswap saw a 5x increase in its traffic
- Specialised data company saw a 10x traffic
- Large CEX are slightly down or relatively flat
- Uniswap saw a 5x increase in its traffic
- Specialised data company saw a 10x traffic
So how many are actually using DEX ?
Uniswap: 130k
Kyber: 92k
Compound: 45k
Opensea: 21k
Makerdao: 17k
1inch: 17k
Aave: 16k
SNX: 8K
yearn: 8k
Source: https://explore.duneanalytics.com/dashboard/defi-users-over-time
Uniswap: 130k
Kyber: 92k
Compound: 45k
Opensea: 21k
Makerdao: 17k
1inch: 17k
Aave: 16k
SNX: 8K
yearn: 8k
Source: https://explore.duneanalytics.com/dashboard/defi-users-over-time
Key takeaways:
MakerDao has been stuck with whales and funds. They have not yet found community market fit.
There are about 130k users that have experienced with uniswap. It is very early but growing 5.5x in past 6x months
There are about 45k users interesting in yield
MakerDao has been stuck with whales and funds. They have not yet found community market fit.
There are about 130k users that have experienced with uniswap. It is very early but growing 5.5x in past 6x months
There are about 45k users interesting in yield
There are about 8k early adopters and very important users - seen by YFI holders and about 17k if you account for arbitrageur
I lack data / time but it would be interesting to see the overlap between SNX and YFI users => I guess its high
I lack data / time but it would be interesting to see the overlap between SNX and YFI users => I guess its high
If you launch anything in DeFi atm, your market is 300k users growing by 50k users every 2 weeks.
However, you need to capture attention of 8k early adopters, these are whales / investors.
Then there is another 8k that can be defined as speculators (4chan is your friend)
However, you need to capture attention of 8k early adopters, these are whales / investors.
Then there is another 8k that can be defined as speculators (4chan is your friend)
/ fin
