DeFi users on Solana showed a decline in transaction per user across the year, with February recording the highest transaction number per user 75 and October recording the lowest 25.
Defi users on Ethereum displayed an upwards trajectory towards the end of the year in transactions per user, with October recording the highest number 786 while April was the lowest 282.
The average number of transactions per user on Ethereum surpasses that of Solana.
The above Charts shows that Solana had more Defi users in total than Ethereum.
Solana saw an upward growth in DeFi users through the year, with the 3rd week of October having the highest number of users at 8.2 million.
Ethereum Defi users were even across the year as we saw weekly increase and decrease in users that even itself out. 4th week of April had the most users at 9.5 thousand.
Swapping is the most common Defi activity across both Solana and Ethereum chain.
Solana has a bigger DeFi transaction size than Ethereum.
Solana Defi users monthly growth rate showed a high increase in March with a 188.4% increase rate, while the month of August recorded a low growth rate of -21.2%
Ethereum Defi users monthly growth rate showed a high increase in March with a 44.8% increase rate, while the month of September recorded a low growth rate of -48.6%