• Measure what category of actions all accounts on a chain are doing over the last 90 days.

• These counts of categories are aggregated into sector sub-scores (activity, defi, nft, etc.).

• The thresholds for 1,2,3 points in each sector are weighted to adjust for differences in chains and make them comparable.

Chains with more high-scoring accounts tend to have:

• Higher market caps

• More TVL & Liquidity

• Better market mindshare/brand

The vast majority of addresses are single-use and churn quickly (low or even 0 score)

• Popular metrics like active addresses, new addresses, etc. are easily and cheaply manipulated.

• The popular metrics are bad because they don’t correlate with what matters.

The vast majority of scores are 0 - 1. Because scores are calculated on a rolling 90-day basis, drastic changes in median, average, and top percentiles may indicate the rise (or fall) of popular protocol or waves of user acquisition and churn.

These charts are at the weekly level despite the scores data being daily. We use the Median of the median, 90th, and 99th percentiles; then the avg. of the average score.