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Dune Analytics: The Number Of Ethereum-Based DeFi Users Exceeds 3 Million

Mary Liu

Summary: Statistics from the on-chain data provider Dune Analytics show that the total number of unique Ethereum addresses used in DeFi protocols exceeds 3 million for the first time.  This indicator does not reflect the number of active DeFi users, because one user may use multiple Ethereum wallets for transactions.  2.35 million wallet addresses belong to ...

Statistics from the on-chain data provider Dune Analytics show that the total number of unique Ethereum addresses used in DeFi protocols exceeds 3 million for the first time. 

This indicator does not reflect the number of active DeFi users, because one user may use multiple Ethereum wallets for transactions. 

2.35 million wallet addresses belong to Uniswap (UNI) users, 325,000 wallet addresses belong to Compound Finance (COMP) users, followed by 325,000 wallet addresses for Compound Finance (COMP) users, and nearly 260,000 addresses for 1Inch Protocol (1INCH) users.

By Mary Liu

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