State of @flow_blockchain Q4
Key Update: The Forte upgrade went live on Oct. 22, introducing onchain automation and enshrined protocols. Flow Credit Market (FCM) is the first enshrined protocol, with Peak Money by Dapper Labs positioned as the first consumer DeFi app built on these new primitives.
QoQ Metrics: 📊
-DeFi TVL (USD) ↑ 1.2% QoQ to $104.1M
-FLOW price ↓ 75.4% QoQ to $0.09
-Stablecoin supply ↓ 38.3% QoQ to $25.2M
-Avg daily transactions ↓ 15.7% QoQ to 328.5K
-Quarterly tx fees (FLOW) ↑ 231.5% QoQ to 13.6K
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