Activity
Volume and intent counts on the public side, and why account counts cannot stand in for users.
Daily volume, public on-chain
Leg-sum: both sides of every swap, the definition NEAR reports. Net swap volume is about half. Confidential Intents are not visible here.
Source · BigQuery public NEAR dataset (execution_outcomes, intents.near logs); prices from DefiLlama coins API. · 2026-01-01 → 2026-10-28
Intents per day
Source · BigQuery public NEAR dataset (token_diff events). · 2026-01-01 → 2026-10-28
Average leg-sum per intent
Rises while intent count falls; cause untested.
Source · BigQuery public NEAR dataset (execution_outcomes, intents.near logs); prices from DefiLlama coins API. · 2026-01-01 → 2026-10-28
Accounts are not users
99.96% of 4.2M implicit accounts are active on exactly one day. Below: the share of accounts active on 2 or more days within a month.
Source · pipeline/sql/76_user_stickiness.sql and 77_account_quality.sql. Months under 28 cached days are gaps. · 2026-01-01 → 2026-10-01