Oasis Emerald Reach Metrics

Originally published on Twitter.

Oasis is a privacy-enabled L1 and Emerald is its EVM-compatible ParaTime.

Onchain data shows Emerald’s 7 day moving avg of daily txs climbed from ~10k in Jan to ~20k in Jun.

Despite the up-and-down cycles of Emerald’s usage, its aggregate trend shows steady growth.

Let’s find out where these txs are coming from.

Throughout the year, each active address on Oasis has been making ~20 txs a day.

Most chains don’t see their users making >5 txs a day, so Oasis definitely has a very strong community that uses Emerald on a frequent basis.