Daily Active Addresses (DAAs)
In the context of blockchain analytics,
DAAs stands for
Daily Active Addresses 12. This metric represents the number of unique cryptocurrency addresses that participated in transactions or other on-chain activities within a 24-hour period
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Key Characteristics and Usage
DAAs are a primary indicator of network engagement and adoption
2. Analysts often categorize DAAs by the type of activity they perform to understand how a blockchain is being used. For example, on the Avalanche C-Chain in Q1 2025, DAAs were broken down into several categories:
- Wallet to Wallet: Direct transfers between users, which accounted for 49.7% of average DAAs 1.
- Stablecoins: Addresses interacting with stablecoin assets 1.
- DeFi: Users engaging with decentralized finance protocols 1.
- Other Categories: Includes activity related to tokens, infrastructure tools, and cross-chain bridges 1.
Market Share and Ecosystem Insights
DAAs are also used to compare the dominance of different protocols or sub-networks within a larger ecosystem. For instance, as of September 30, 2025, the Binary Network dominated the Avalanche Layer 1 ecosystem with 12.4 million DAAs, representing 96% of the total market share among the top six L1 protocols
2. Other networks like Growth Protocol and Lamina1 held significantly smaller shares of 1.4% and 1.1%, respectively
2.
Tracking DAA trends over time—such as identifying spikes in activity or quarterly growth percentages—helps investors and developers evaluate the scalability and user retention of various blockchain networks
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