Ethereum by the Numbers — February 2020

Network activity, dapp developments, DeFi stats, Eth2 facts, real-world results, and more from the Ethereum ecosystem.

From 1 million MetaMask users on the Google Chrome web store to $1 billion locked in DeFi protocols to the number of Ethereum-based platforms on Forbes’ Blockchain 50, February was another month of milestones for the Ethereum community. The ecosystem is not only driving DeFi adoption but also developing frameworks for measuring DeFi platform risk, such as DeFi Score. As more enterprises strive to take their blockchain proofs of concept to production, platforms like Hyperledger Besu and its recent 1.4 upgrade are making business functionalities like permissioning and key management increasingly simple.

All the while, the dev community is doing what it does best: mobilizing in real life and online to build a composable software stack that unlocks industries as wide-ranging as gaming and capital markets. 2,000+ devs came together in Denver over Valentine’s Day weekend for the first ETHGlobal event of 2020 — inspiring what already appears to be another momentous year for Web3.