Data: The daily active users of Farcaster surged nearly 10 times, setting a new historical high

According to ChainCatcher, as reported by The Block, since the launch of Frames on January 26, the daily active users of the social protocol Farcaster have surged nearly 10 times, reaching an all-time high. The daily active users (i.e., users posting content on Farcaster-based social applications like Warpcast) jumped from about 2,400 on January 25 (the day before Frames was launched) to 19,100 on Saturday. During the same period, the daily "unique responders" (i.e., users engaging with content) increased from about 2,700 to 25,000.

The overall volume and response rate of Farcaster have seen even more significant growth, skyrocketing from 11,000 and 29,000 respectively between January 25 and February 3 to 127,000 and 514,000. The protocol's daily revenue has also reached an all-time high, increasing from $2,500 on January 25 to $39,000 yesterday, a nearly 1,500% increase. Since its launch in August 2022, the protocol's cumulative revenue is currently just under $450,000.