Defining a Body of active Wallets is not an easy job at all. although it is subjective but metrics are real and have analytical value which can provide invaluable information and insight about the direction of market or in this case Terra Block Chain.

I used two concepts to determine an active wallet. one that had staked at least 100 UST worth of luna and swapped 10, 100 and 1000 worth of UST on a daily, monthly and annual basis.

Being a delegator is the fundamental action which set aside our source of wallets; this is for emphasizing the importance of the act and bolding the engagement level it requires.

Also trader are the most active users in every block chain so it makes sense to use their trade amount as a critera from level of activeness.

• note that this doesn't mean users outside this list are not active. this is only one out of hundreds of Metrics one can use and again, it's fairly subjective.

We can see that number of Daily active wallets (100$ Luna staked + 10$ UST Swap) are rising and from Oct 10th it experienced a significant growth. yet Numbers fell after that to reach at previous levels only to grow once more again. this is more obvious in monthly chart, although this time active wallets had to trade 200$ in a month.

But Investigating active wallets in different years is the ultimate perspective to show how bullish and growing an ecosystem is. if Defi and Terra continue to grow we can expect a Defi Hot Year in 2022 rather than Defi Hot Summer in 2021!