INTRODUCING CHAIN GDP

Summary from the TLDR Crypto newsletter

Chain GDP is a new on-chain metric designed to accurately gauge economic activity on a blockchain that focuses on the sum of all application fees generated within a chain. It is difficult to manipulate this metric (e.g., wash trading) because it only accounts for fees paid across various applications. Chain GDP aims to provide a clearer and more tamper-resistant picture of a blockchain's economic activity compared to traditional metrics like TVL or transaction count.