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friend.tech 24-Hour Protocol Revenue Drops to $1 Million, Halved From Recent Highs

According to DefiLlama data, friend.tech's 24-hour protocol revenue has dropped to $1 million, a decrease of more than half from the recent high of $2.27 million on September 13, and the current protocol revenue ranks fourth.

Coinbase's Layer 2 Blockchain Base Sets Record Daily Transactions Driven by Decentralized Social Network Friend.tech

Coinbase's Layer 2 blockchain platform, Base, set a new record for daily transactions on September 14, 2023, with 1.88 million transactions. This surpassed the combined figures of its competitors, Arbitrum and Optimism.

The Total Transaction Volume of friend.tech Protocol Exceeds 100,000 Eth

According to Dune data, the social protocol friend.tech has a protocol fee of 5,887.2 ETH. The total transaction volume of the protocol has exceeded 100,000 ETH, reaching 129,517.9 ETH, and the current total user value is 36,406.48 ETH.

friend.tech’s 24-Hour Agreement Revenue Reached US$2.27 Million, Surpassing Lido to Rank Second

According to DefiLlama data, the 24-hour protocol revenue of friend.tech reached 2.27 million US dollars, ranking second only to Ethereum and surpassing Lido.

The Transaction Volume of friend.tech Yesterday Was Less Than 6,000, Setting a Record for the Lowest Single-Day Transaction Volume Since the Launch of the Base Chain.

According to the latest data from Dune Analytics, friend.tech had only 5,991 transactions on August 31, setting a record low for daily transaction volume since the launch of Base Chain. In addition, as of the writing of this article, the total transaction volume of friend.tech has exceeded 1.5 million, with a cumulative transaction amount of about 55,610.0 ETH, and the current net inflow of ETH is more than 10,000 coins (11,362.33 ETH).

friend.tech trading activity has dropped from $16 million on August 21 to just over $700,000

Data from the Arkham blockchain shows that trading activity on friend.tech has dropped from $16 million on August 21 to just over $700,000 currently.

Friend.tech: Added “Online Now List” Function To Explore Page

On August 31st, Friend.tech announced on social media X (formerly Twitter) that they have added a new "Online Now list" feature on the Explore page to help users see who they can currently communicate with.

Founder Racer Ranks #1 on friend.tech “Keys” for 2.525 ETH

The latest data from friend.tech's "Keys" price ranking list shows:Platform founder Racer ranks first with 2.525 ETH;Cryptocurrency trader L ranks second with 2.116 ETH;Cryptocurrency KOL Hsaka ranks third with 1.958 ETH;NDV co-founder Christian2022.mid ranks fourth with 1.560 ETH;Cryptocurrency trader Ansem ranks fifth with 1.501 ETH.

friend.tech: The Next Day Retention Rate of Key Holders Exceeds 75%, and the Weekly Retention Rate Exceeds 50%

On August 30th, friend.tech disclosed platform data indicating that approximately 20,000 Key holders view room messages daily, with a retention rate of over 75% the following day and over 50% for the week. Additionally, active Key holders use friend.tech for an average of over 30 minutes per day.

The Founder of friend.tech Apologized: Restricting Users From Using Copycat Versions Is out of Fear and Zero-Sum Thinking

Racer, the founder of friend.tech, issued an apology statement admitting that his previous comments on limiting users from using clone and counterfeit versions of applications were driven by fear and zero-sum thinking.