Total Metamask Users

    Q1. How many total Metamask wallet holders are there? What’s the average value of ETH held in wallets? What percentage of wallets are engaging in a higher order activity, like staking?

    Introduction

    This report will focus its attention on Metamask. Nothing better than starting then with a bit of context related to this platform.

    As with other browser plugins, Metamask must be installed before it can be used as an Ethereum wallet. Once loaded, users can use any Ethereum address to transact by storing Ether and other ERC-20 tokens. Users can utilize their money in games, stake tokens in gambling apps, and trade them on decentralized exchanges by linking Metamask to Ethereum-based dapps (DEXs). Additionally, it gives consumers a starting place for exploring the burgeoning realm of decentralized finance, or DeFi.

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    Some metrics

    The aim of this report is to identify wallet holders in Metamask, analyze the amount of ETH holding and what is the percentage of these wallets engaging in activities.

    The first number to check is the total number of wallets that has ever hold in Metamask. To clarify, and as explained on the bounty question:

    > Hint: For the purpose of this bounty, we can categorize Metamask wallets as wallets who have used the Metamask swap feature (interacted with this contract 0x881D40237659C251811CEC9c364ef91dC08D300C)

    In order to follow this rule, I have used the ethereum.core.fact_event_logs table and filtered by the contract address 0x881D40237659C251811CEC9c364ef91dC08D300C.

    The next data to check is the average ETH balance for these last wallets shown:

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    And the last metric to check is the number and percentage of users staking. I have chosen the users staking in Lido, as I assume is the biggest alternative.

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