The most important metric for measuring crypto's adoption is active users.

Here are three smart contracts that hit strong user growth in the past few months πŸ‘‡


Protocol #1

Hyperliquid: Deposit

Chain: Arbitrum

Hyperliquid is a perpetual exchange running on a Cosmos chain.

This contract is used to bridge USDC to the exchange from Arbitrum.

β€Œβ€ŒWhat's next?

Hyperliquid has tried to differentiate from other perp exchanges like dYdX by supporting more long-tail meme assets like dogwifhat and bonk

However, most of their recent usage is driven by airdrop farming. In December they hit a new all-time high in derivatives volume ($10B), and they're on track to pass that figure in January.


Protocol #2

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Issue #019: Perps, Lending and NFT Royalties