I've been digging a bit deeper into
@Trueo_ 's onchain activity.
I asked
@DefiLlama to track the number of markets created, daily swaps (essentially bets) and unique traders directly from the blockchain.
> Daily swaps peaked at 261 on September 24. The latest spike reached 632 last week, with 436 yesterday.
> Daily active traders reached a new ATH of 64 yesterday.
> 20 new prediction markets were created yesterday.
64 daily traders might sound tiny, but attracting users to a new DeFi protocol is incredibly difficult.
What I particularly like is that activity isn't just coming from a few large trades. We're also seeing more unique users and faster market creation.
I love following protocols at such an early stage and watching how their adoption evolves.