COMBINED METRICS FOR TRACKING SMART CONTRACT NETWORKS

Summary from the TLDR Crypto newsletter

Key blockchain indicators, including TVL, fees, stablecoin market cap, DEX volume, and net bridge flows, should be distilled into “size” and “growth” scores that simplify cross-network comparisons. Using 30-day averages and normalized market-share conditions for “size” alongside week-on-week min-max and Z-score aggregations for “growth” surfaces major shifts without requiring deep dives into raw data. Applied to L1s and L2s, the metrics show a modest decline in the top three networks' (Ethereum, Solana, and Base) combined market share and highlight volatility driven by bridge flows and token performance.