July 21, 2021, 6:18AM EDT
• 7 min read

A quick look at loyalty in the largest DeFi protocols

Quick Take

  • After The Summer of DeFi, both the protocols’ userbases and the number of tokenholders have grown
  • On average, about 7% of unique addresses are both users and tokenholders
  • Among projects with an airdrop, the percentage of loyal users is 10%+

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