®% BNB CHAIN BNB CHAIN INSIGHTSBNB Chain Stats at a Glance + Continuing trend of increase in Daily Active User (DAU) and Total Value Locked (TVL) marketshare month-on-month + DAU market share grew from 47.6% (Sep) to 48.8% (Oot) and to 54.2% (Nov). + TVL market share grew from 9.1% (Sep) to 9.7% (Oct) to 10.7% (Nov). + Hooked hit >50K DAU in October and has crossed the 400K DAU mark in November. With this, the top 3 GALXE STADER Create impactful Experiences With Webs Credentials Muitichain liquid staking platform Galxe is the leading Webs credential data networkin the Stader Is ¢ non-custodial smart contract-based staking world. colaborative credential infrastructure enabling platform that helps you conveniently discover and access brands and developers to engage communities and bulld Staking solutions. Stade is building key staking robust products in WebS. Galaxy has over 8.2 milion us middleware infrastructure for muttiple PeS networks for vith over 150K DAU. ‘etal crypto users, exchanges and custodi Wobsite «Twitter Telegram «Discord X J \ ) enHOOKED ERA7 ‘The on-ramp layer for massive Web3 adoption to form the Now innovative Play-to-Earn NFT trading card GameFi ‘ecosystem of future community-owned economies project Recently listed on Binanee Launchpad, Hooked is a social Era7: Game of Truth is a unique strategy TCG, developed on protocol building a connection network to spark Webs ‘the BB Chain, which has been created by a team of core social engagement, where users can learn, earn and enjoy blockchaln technicians and members of well-known casual a gamified experience. They're making great progress on ‘game development companies. Era 7 currently has over ‘web massive adoption mission and have over 2 Milion 0K DAU. users onboarded within a month In Iate-Novernber, the Website - Twitter «Telegram « Discord DAU has crossed the 400K mark. Website - Twitter Telegram ‘TAP FANTASY ( >) Tap tor gold TINYWWORLD ‘Tap Fantaey is @ MMORPG blookchain game developed by Tiny World, HUGE adventure! Making P2E fun again! HTML 5. Players can interact with Tap Fantasy directly on Tiny World isa blockshain game universe that combines the web page or wallet, and they can start playing INFT, DeFl and Gaming to create a truly stunning experience: immediately, Since the game launched in March, Tap {for users. hae over 21K DAU, Fantasy has approximately 700K registered users, and Website - Twitter «Telegram « Discord over 2K DAU. Website» Twitter Sector Analysis for BNB Chain + The impact of FTX collapse has not been especially significant on the BNB Chain. In fact, the TVL market share of the chain has increased from 9.3% at the beginning of November to ~11% at the end of the month. + Helio has managed to bring together around $112M of TVL, showing considerable strength and maturity.. The protocol allows mining the $HAY destable coin using BNB as collateral. That collateral is. deposited in Ankr to generate liquid staking yields. Helio is the first solid CDP project in the chain. + Pancakeswap TVL is in line with the figures shown at the end of October. Its volume has also been stable except for the period between the 7th and 12th of November, which experienced much larger volumes. + The Wombat deployment responds to the demand for new stableswap approaches and also veTokenomics. In the last month Wombat has managed to handle large volumes during peak trading days (FTX) and generated an ecosystem around veWOM (vested WOM token) with three players competing to accumulate the largest amount of tokens to direct the (LP) emissions of the protocol. + Anew structure separating the in-game currency from the on-chain tokens to dynamically adjust the token supply on-chain is being adopted in some games. + Soulbound token (Binance Account Bound Tokens) mints crossed the 500k mark but have been relatively stable since with the rate of mints steady at about ‘k mints a day in the last 1 week. CreatCommentary on DAU / TVL for BNB Chain and Others DAU and TVL definitions and market share calculation + DAU = Daily Active Users + Defined as the number of unique wallets that interact with the blockchain in a day. More technically, it can be defined as the number of “unique senders”. For weekly/monthly stats, this is calculated as an average over the time period. + The DAU market share is calculated among BNB Chain, Polygon, Ethereum, Solana, Fantom and Avalanche. + TVL= Total Value Locked + Defined as the amount of funds deposited on the chains’ protocols. + The TVL market share is calculated among BNB Chain, Ethereum, Polygon, Solana, Avalanche, Fantom, Cronos, Arbitrum, Tron and Near. BNB Chain DAU and TVL + BNB chain DAU has increased in both absolute value as well as market share in the last couple of months. This is driven by: + Top dApps such as Hooked, Gameta, Tiny World, Era7 and ApolloX. There's also been a resurgence of DAU for former high ranking games such as BinaryX and Cryptoblades. + Increasing wallet transfers for various stablecoins and tokens also continue to contribute to this trend, + Increasing number of active dApps on BNB chain across various categories including gaming, social, Defi, and Infra. + DAU increase has representation across multiple dApp categories such as gaming (card games, hyper casual games) and DeFi (DEX, Yield). Ethereum DAU and TVL + Ethereum’s TVL market share has remained stable in the 66% range. + DAU market share has exhibited mixed trends ~ key drivers include top NFT marketplaces such as OpenSea and Blur which increased, while X2Y2 and Gem decreased + Mixed trends in WAU have been observed for the top Ethereum DEX usage in terms of WAU and Trading Volume increased MoM. This increase comes mainly from Uniswap, Curve, DODO and Balancer. + Concentrated liquidity (Uniswap v3) is cannibalizing most of the Uniswap v2 Volume. Although the concentrated liquidity can lead to higher capital efficiency (higher LTL), v3 LPs are struggling to make a profit due to v3's complexity, + Isolated lending is emerging as the preferred option to limit part of the risk that lending protocols support (AAVE v8 or Compound Ill) Collateral isolation - non rehypothecation ~ is also getting more common (Compound Il and Euler). + The Free-to-Own model represented by DigiDaigaku is attracting a lot of attention. This model, which follows the Free-to-Play trend for mobile games, deserves attention, but it must be recognized that it is one of the strategies of operators with strong financial resources. Polygon DAU and TVL + DAU spikes from October (caused by XEN token) have tapered as anticipated. + Planet IX has emerged as a leading gaming/NFT dApp and appears to have become a close second to Benji Bananas, which has been the top dApp by DAU for a couple of months now. Top dApps continue to be gaming and gambling related dApps, which has been a consistent trend for the last few months. + Polygon’ DeFi ecosystem is seeing some innovation in the form of Gains Network, and the dApp Tetu protocol has exhibited consistent TVL growth. CreArbitrum TVL + Arbitrum has experienced a sustained uptrend in Transactions, AU and TVL in the last 3 months due to the nitro upgrade in late August, increased development of its DeFi ecosystem across derivatives related projects, and $ARBI airdrop rumors. + GMX has been driving most of the TVL growth. Its GLP model for managing liquidity and the distribution of the fees generated by the protocol to GMX token holders (real yield narrative) are some of the reasons behind the project’s success. GMX is starting to be used as a liquidity base layer by other projects. Fantom + SpikFantom DAU market share spiked in late October because of the XEN launch on Fantom chain but given the unsound mechanics of the XEN token, this effect is expected to taper off in the coming month. MONTHLY STARS Bxolar Infrastructure Axelar delivers secure cross-chaln communleation for Web3 whose infrastructure enablos App users to interact with any ‘asset o: application, on any chain, with one click Ou Protoco! 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Click here for details. + Upcoming Local Events (please stay tuned for official announcements): APAG LaTAM Vietnam Argentina AWS x BNB Chain x Kryos - December 11 BNB Chain Innovation Meetup Cordoba Taiwan BNB Chain Innovation Meetup UNC Taipei Blockchain Week - December 12-17 BNB Chain Innovation Meetup FAMAF kore: Brazil BNB Chain Innovation Hackathon - December Cees 17-9 Crypto House of Commons Mexico BNB Chain Innovation Meetup CDMX EU Milan, London & Warsaw Incubator program NORTH AMERICA Spain New York City ETH Barcelona BNB Chain Innovation Pitch Day - December 3 Turkey Miami BNB Chain Innovation Meetup - Istanbul BNB Chain Innovation Meetup General Disclosure: Some of the mater Is prepared by vice, and i mm fer or tion to buy or sell urities, ryptocurrenci adopt any investment strateg Croco