Friend.tech’s revenue reached 18.4 million dollars in 2 months

According to recent data, Friend.tech, a social app built on the Base Layer 2 network, has raised $10,684 in ETH in less than two months.

A look at the charts provided by Dune Analytics shows a picture of an increasing growth trend in revenues related to the Freden.tech network since it was created on August 10, when FriendTech started recording actual activities.

Friend.tech sees growth in revenue

After about a month of activity, on September 9, Friend.tech broke the $5 million revenue mark. Growth in the first month was slower than the second, which began on September 10.

Today, when the leaves of October begin to fall, the total income exceeds 18.4 million dollars, which shows the rapid development of the platform in recent days.

According to the reports and data, the shooter bots in Friend.tech world are winning big in terms of revenue. According to the data, more than 459 Friend.tech sniper bots have accumulated more than $5.9 million, which accounts for 34% of the total creator revenue.

With revenue sent to developers exceeding $18.4 million, shooter bots earned $5.935 million during the period. According to the data, shooter bots have shot approximately 33.44K subjects on Friend.tech.

The analysis indicates that individual shooter bots earn high profits every day by shooting at the subject. For example, a bot using contract 0xff231 was able to cheat on 232 transactions, reporting a trade profit of 345.76 ETH, which is about $596.4K.

Another sniper bot using contract 0x88e6a cheated over 971 different lessons and earned 182.7 ETH, which translates to $315K. The third most popular profit address is 0x7501, which was scammed in 27 cases, earning about 129.31 ETH or more than 223 thousand dollars.

Interestingly, looking at the profit based on the number of fake subjects shows that each subject has a different level of profit at Friend.tech.

Friend.tech to grow in other parameters

Overall, Friend.tech has seen great growth, with a TVL of $52.31 million and a user count of 305,892 at the time of writing. Additionally, as of this morning, the protocol recorded an inflow of 213 million ETH, translating to $349.7 million.

The number of daily transactions changed daily, with a peak of 539.8k transactions recorded on September 13. At the time of writing this report, the total number of transactions was 9.17 million.