Base

@base Onchain Daily Snapshot (12/07/2024)

    Active Addresses: 1.64M (+80.70%)
    Transaction Count: 8.11M (+7.28%)
    Total Value Locked (TVL): $14.008B (+4.79%)
    Stable TVL: $3.24B (+0.06%)
    Revenue: $342.65K (-49.66%)
    Paid to L1: $49.33K (-11.11%)
    Onchain Profit: $293.33K (-53.10%)
    Transaction Cost: $0.009 (-50.00%)

Summary:

December 7 saw a remarkable rise in active addresses and a moderate uptick in transaction count, suggesting increased engagement and activity on the network. TVL grew steadily, driven by both stablecoin and other asset categories, while stable TVL remained relatively unchanged. Revenue and on-chain profit declined sharply, likely due to a significant reduction in transaction costs. Payments to Layer 1 also decreased slightly, hinting at fewer bridging activities or improved operational efficiency.

@jessepollak

@base builder #001; onchain cities w/ OAK & city3

@base global builder
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