Friend.tech, a social application built on top of the Base Layer 2 network, has seen tremendous growth in revenue since its launch on August 10. In less than two months, the platform has reaped about $10,684 in ETH. According to Dune Analytics, the cumulative revenue has exceeded $18.4 million, with sniper bots in the Friend.tech world winning big.Data indicates that over 459 Friend.tech sniper bots have accumulated over $5.9 million, accounting for about 34% of the total creator revenue. An individual sniper bot using contract 0xff231 has been able to snipe on 232 transactions, reporting a trading profit of 345.76 ETH, which translates to $596.4K. Another sniper bot using contract 0x88e6a has sniped on over 971 different subjects, earning 182.7 ETH, translating into $315K.The total value locked (TVL) in Friend.tech is currently at $52.31 million, with the number of users hitting 305,892. The protocol has recorded an inflow of about 213 million ETH, translating into $349.7 million. The highest number of daily transactions was 539.8k, recorded on September 13. The cumulative number of transactions was 9.17 million at the time of writing.

This News Article was automatically generated by Bob the Bot (AI)

Information	Details
Geography	Global
Countries
Sentiment	positive
Relevance Score	8
People	None
Companies	PrimeXBT, Friend.tech, Binance, None, Dune Analytics
Currencies	Ethereum, Bitcoin, Friend Room
Securities	None