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It is reported that although the cumulative transaction volume of Sudowap has exceeded the milestone of US $100 million, the data shows that the activity of Su…

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It is reported that although the cumulative transaction volume of Sudowap has exceeded the milestone of US $100 million, the data shows that the activity of Sudowap users has continued to decline. According to Dune Analytics, in August 2022, Sudowap added more than 800 users per day on average. However, since the beginning of February 2023, the average number of new users per day of the platform has fluctuated between 50-20, and on February 23, it hit a new low of 19. The number of daily transactions and NFT transactions decreased due to the decrease of user activity on Sudoswap. Since August 2022, the number of daily transactions completed by the agreement has decreased by 93%, and the number of NFT transactions conducted by users on Sudoswap per day has decreased by 96% during the same period. In addition, the total fee charged by Sudoswap in the past 30 days was US $286000, down 8%, and the agreement revenue decreased 28% in the same period. (ambcrypto)

The data shows that the user activity of Sudoshap is declining continuously

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