[News] DeFi platform Friend.tech has attracted more than 300,000 unique users since its launch, with an average of 6,000 new users and 9,000 old users added every day. Although average weekly deal retention dropped from 22% to less than 5%, its seven-day chat retention actually surpassed traditional social platforms. In September, Friend.tech trading activity stabilized, with platform TVL reaching a new high of $50 million. Currently, the platform’s average daily revenue is approximately $320,000, which is 6 times the daily revenue of OpenSea. However, the challenge for Friend.tech is to establish a presence in the social networking space and continue to incentivize high-quality creator content to ensure user engagement and revenue stability.