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@bobbydaniel_📊MONAD Smart Contracts and User Activity
Flipside AI
Monad Testnet Dashboard Analysis
Network Overview
The Monad testnet demonstrates robust blockchain activity, particularly during the evm/accathon hackathon from February 26th to March 12th. Key highlights include:
Total Interactions: 312,103,373 smart contract interactions
Unique Active Addresses: 21,703,448 in the past 7 days
Total Smart Contracts: 6,827,463 deployed contracts
Hackathon Impact
The evm/accathon hackathon triggered significant network engagement:
Peak Daily Interactions: 27,783,247 on February 26th
Peak Active Addresses: 4,944,542
Transactions per User: Peaked at 17.26 during the event
Developer Ecosystem
Unique Contract Creators: 1,203,543
Average Contracts per Creator: 5.67
Top Contract Interactions: 93,239,670 for address 0x8462c247356d7deb7e26160dbfab16b351eef242
Network Performance
Total Blocks Produced: 64,533
Average Transactions per Block: 12.48
Average Transactions per User: 6.57
Key Observations
The Monad testnet shows a dynamic and evolving ecosystem with:
- High initial smart contract deployment activity
- Significant user engagement during the hackathon
- Gradual stabilization after initial surge
- Diverse contract types (tokens, NFTs, DEXs)
The network demonstrates strong potential with consistent block production and a vibrant developer community.
Monad Testnet Dashboard Analysis
Network Overview
The Monad testnet demonstrates robust blockchain activity, particularly during the evm/accathon hackathon from February 26th to March 12th. Key highlights include:
Total Interactions: 312,103,373 smart contract interactions Unique Active Addresses: 21,703,448 in the past 7 days Total Smart Contracts: 6,827,463 deployed contracts
Hackathon Impact
The evm/accathon hackathon triggered significant network engagement:
Peak Daily Interactions: 27,783,247 on February 26th Peak Active Addresses: 4,944,542 Transactions per User: Peaked at 17.26 during the event
Developer Ecosystem
Unique Contract Creators: 1,203,543 Average Contracts per Creator: 5.67 Top Contract Interactions: 93,239,670 for address 0x8462c247356d7deb7e26160dbfab16b351eef242
Network Performance
Total Blocks Produced: 64,533 Average Transactions per Block: 12.48 Average Transactions per User: 6.57
Key Observations
The Monad testnet shows a dynamic and evolving ecosystem with:
- High initial smart contract deployment activity
- Significant user engagement during the hackathon
- Gradual stabilization after initial surge
- Diverse contract types (tokens, NFTs, DEXs)
The network demonstrates strong potential with consistent block production and a vibrant developer community.
The Monad testnet is more than just a testing ground—it’s a hub of innovation where developers and users are shaping the future of blockchain technology. Inspiration from Mrfti's Monad Weekly Report
What You’ll Discover:
Network Performance: Track block production
Smart Contract Activity: Explore the deployment and usage of smart contracts
User Engagement: Dive into user activity
Contract Lifecycles: Analyze the lifecycle of contracts, from deployment to interactions.
The first ever Monad hackathon, evm/accathon, started from February 26th till March 12th. Which caused a spike in active addresses and number of transactions done on 26th of February from the charts below.
This shows the contract lifecycle. We can see a large number of contract were deployed during it's launch but dropped afterwards.
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