<\/p>\n
Per recent data, Friend.tech, a social application built on top of the Base Layer 2 network, reaped about $10,684 in ETH in less than two months.<\/p>\n
A look at charts provided<\/a> by Dune Analytics paints a picture of an escalating growth trend in the revenues tied to the Friend.tech network since it was created on August 10, when Friend Tech began recording actual activities.<\/p>\n After about one month of activity, on September 9, Friend.tech cracked<\/a> the $5 million mark in revenue. The first month\u2019s growth was slow compared to the second one, which began on September 10.<\/p>\n Today, as the leaves of October begin to fall, the cumulative revenue exceeds $18.4 million, testifying to the speedy growth of the platform in recent days.<\/p>\n As per the reports and data, sniper bots in the Friend.tech world are winning big in revenue. Data indicates that over 459 Friend.tech sniper bots have accumulated over $5.9 million, accounting for about 34% of the total creator revenue.<\/p>\n With the revenue sent to creators standing at over $18.4 million, the sniper bots earned about $5.935 million in revenue in the period. The data indicates that the sniper bots sniped on approximately 33.44K subjects on Friend.tech.<\/p>\n The analysis indicates that individual sniper bots<\/a> make huge daily profits by sniping on subjects. For instance, a bot using contract 0xff231 has been able to snipe on 232 transactions, reporting a trading profit of 345.76 ETH, which translates to $596.4K.<\/p>\n Another sniper bot using contract 0x88e6a has sniped on over 971 different subjects, earning 182.7 ETH, translating into $315K. The third most prominent profiting address is 0x7501, which sniped on 27 subjects, amassing profits of about 129.31 ETH, or over $223K.<\/p>\n Interestingly, looking at the profits based on the number of subjects sniped indicates that each subject has different profit levels at Friend.tech.<\/p>\n In general, Friend.tech has seen enormous growth<\/a>, with its TVL at the time of writing standing at $52.31 million and the number of users hitting 305,892. Furthermore, since dawn, the protocol has recorded an inflow of about 213 million ETH, translating into $349.7 million.<\/p>\n The number of daily transactions<\/a> has changed daily, with the highest of 539.8k transactions recorded on September 13. The cumulative number of transactions was 9.17 million at the time of writing.<\/p>\nFriend.tech Sees Growth in Revenue<\/h2>\n
Friend.tech Thriving in Other Metrics<\/h2>\n
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