Understanding network analytics
Analytics summarise activity, fees, volume and liquidity. Compare matching networks and time periods.
Activity and addresses
Transaction counts describe recorded activity. Active addresses describe addresses that meet a stated activity definition; they do not directly count people.
Volume and liquidity
Trading volume measures trades over a period. Liquidity describes assets available under a particular definition. Neither figure alone establishes profitability or the ease of exiting a specific position.
Compare like with like
Use the same chain, time interval and metric definition. Token price changes can alter reported currency values even without new deposits. Record the source and update time when interpreting a chart.