Base

@base  Onchain Daily Snapshot (11/29/2024)


Active Addresses: 1.16M (+37.37%)

Transaction Count: 5.90M (-43.54%)

Total Value Locked (TVL): $11.43B (-1.72%)

Stable TVL: $3.31B (+0.30%)

Revenue: $600.94K (-21.93%)

Paid to L1: $2.02K (-98.53%)

Onchain Profit: $598.92K (-5.26%)

Transaction Cost: $0.021 (0.00%)



Summary: November 29 saw a significant decline in transaction count and revenue, alongside a substantial increase in active addresses. This suggests a shift in user behavior or a temporary cooldown in transactional activity. The sharp reduction in payments to Layer 1 might indicate fewer bridging activities or cost optimization strategies. Stable TVL growth hints at a small increase in confidence in stable assets, even as total TVL slightly declined. The unchanged transaction cost reflects stable network efficiency despite fluctuating usage metrics.

@jessepollak

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

@base global builder
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