Degen

Some $DEGEN and Degen Chain numbers and statistics

quick thread

A sufficiently decentralized social network. farcaster.xyz

The chain launched 4 days ago

It uses arbitrum's Orbit architecture, AnyTrust's DA capabilities and settles on top of @base , which itself uses the @optimism  stack. The fees are paid by the native coin, $DEGEN, which is de-facto the @farcaster community token

Confusing eh.

Since its launch, it:

- on boarded >132k addresses
- had over 4.15m completed txs
- had 7.5k total contracts deployed (mostly rugs, only 290 verified)
- had over 2300 tokens launched (mostly rugs)

On March 27th it had 8 active accounts
On March 28th it had 1,270 active accounts
On March 29th it had 25,236 active accounts
On March 30th it had 91,261 active accounts

Astonishing growth

Same for contracts

March 27th — 2
March 28th — 79 
March 29th — 3,753
March 30th — 2,795 (still needs to update)