Base

@base Onchain Daily Snapshot (12/03/2024) 

    Active Addresses: 853.95K (-2.93%)
    Transaction Count: 7.58M (-7.22%)
    Total Value Locked (TVL): $12.188B (-2.79%)
    Stable TVL: $3.288B (-0.90%)
    Revenue: $667.15K (-2.90%)
    Paid to L1: $11.58K (-46.51%)
    Onchain Profit: $655.57K (-1.48%)
    Transaction Cost: $0.016 (-23.81%)

Summary: December 3, 2024, shows a trend of moderate declines across most metrics. Transaction volume and active addresses decreased slightly, leading to lower revenue and profit. Payments to L1 dropped significantly, continuing the trend of reduced reliance on Layer 1 operations. Transaction costs declined sharply, suggesting improved network optimization. The stablecoin market cap remained relatively steady, highlighting the continued confidence in stable assets despite overall TVL declines.

@jessepollak