Announcing the Winner of ‘User Behavior in DeFi Protocols’ Data Challenge
Ocean Protocol
SEPTEMBER 20, 2023
A winning highlight in this report showed that a drop in average transaction value around June 2021 coincides with a significant drop in gas prices. This could indicate that when gas prices are lower, more users might engage in transactions, even if they’re of a smaller value. AAVE v3 was introduced in March 2023 on Polygon.
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