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Polygon Q2 data: Unique addresses up 12%, network revenue of $5.56 million

By Christopher Smith
Jul 27, 2022
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Polygon announced the network data for the second quarter: The number of unique addresses of Polygon in the second quarter increased by 12% to 5.34 million, the number of transactions increased by 4% to 284 million, and the network revenue was 5.56 million US dollars. Additionally, the average transfer cost fell 49% to $0.018.

- DeFi: Bungee's transaction volume increased by 972%, Meshswap added 91,000 users and processed 1.6 million transactions, while QuickSwap still dominated with 382,000 users and processed a total of 4.52 million transactions;

- Games: Aavegotchi's Gotchiverse added 102,000 users, an increase of 805% month-on-month;

- NFT: 1.2 million Polygon-enabled NFT wallets were added to OpenSea, the number of active unique wallets increased by 47% to 1.5 million, and minting new NFTs generated 66.6 million transactions, although the volume of fiat-denominated NFTs fell by 64% %, but the number of transactions increased by 47% to 122 million;

- In terms of developer activity: The network added an average of 1,000 developers every day, bringing the total to 90,514, more than three times the growth rate of the previous quarter. Additionally, 2,700 new contracts came online during the quarter.

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