In February, the number of monthly active users of STEPN dropped to 42,965, a decrease of nearly 94% from the historical peak.

Odaily星球日报 · 2023-03-08T02:35:01.000Z

Odaily Planet Daily Dune Analytics data shows that since January 2022, new market demand for STEPN sneakers has continued to decline. The number of STEPN monthly active users in February has dropped to 42,965, compared with the peak of 705,452 set in May 2022. Shrunk by nearly 94%. In addition, the average number of daily active wallets of STEPN's decentralized exchange (DEX) DOOAR has also dropped to 22% of the total number of DEX daily active wallets on Solana.

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Odaily星球日报

According to Dune Analytics data from Odaily Planet Daily, new market demand for STEPN sneakers has continued to decline since January 2022, with the number of STEPN monthly active users falling to 42,965 in February, a 94% decrease from the peak of 705,452 in May 2022. In addition, the average daily active wallet number of DOOAR, a decentralized exchange (DEX) under STEPN, also fell to 22% of the total daily active wallets of DEX on Solana.

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