Exchange Ranking
Top Exchanges
24h Volume Ranking
Popularity Ranking
Exchange BTC Balance
Proof of Reserves
Decentralized Exchanges
Funding Rate
Funding Heatmap
Liquidation Data
Max Pain
Long/Short Ratio
Whale L/S Ratio
Binance/Okex/Huobi L/S
Bitfinex Margin L/S
ETF Tracker
Solana ETF
XRP ETF
Hong Kong ETF
Bitcoin Treasuries
Crypto Reversal
Ethereum Reserves
HyperLiquid Wallet Analysis
Hyperliquid Whale Watch
Large Transactions
On-chain Movement
Bitcoin ROI
Stablecoin Market Cap
Options Analysis
News
Articles
Economic Calendar
Features
Wallet
Contract Calculator
Security
Collections
Watchlist
Following
BTC 
CORE Core network user activity starts to pick up
Core DAO chain activity is quietly recovering. On August 16, the network recorded 9,118 daily active users, an increase from 8,974 on August 7, and 372 new users were added that day alone. Although the absolute value is small, this trend shift is of great significance for a chain that has been coping with the overall slowdown in the market.
Trading volume has always remained resilient. In the past ten days, the network's average daily transaction volume has ranged from 48,000 to 54,000 transactions, with 48,150 transactions recorded on August 16. This stability suggests that the user base is actively interacting with the chain rather than standing by.
In terms of revenue, Core incurred $254.80 in expenses in the past 30 days, a 4.4% increase from the previous period. Although the increase is small, it strengthens the picture of gradual improvement in network fundamentals.
The decline in total locked value is not the whole truth
The total locked value (TVL) has dropped by about 24%, which seems to contradict the increase in the number of users. However, falling TVL does not always mean weakening demand. In terms of Core, the divergence between the decline in TVL and the rise in active users suggests that even with liquidity consolidation, on-chain engagement is expanding.
Core DAO is the largest Bitcoin sidechain in TVL, reaching US$314.4 million, with a total of 5,541 BTC pledged, accounting for 26.4% of all Bitcoin sidechain TVLs. As interest in BTCFi (Bitcoin Finance) continues to grow, this top position in the Bitcoin sidechain brings structural advantages to the network.
Core DAO aims to enhance Bitcoin's practicality in decentralized finance by integrating it with smart contract functions. It runs on Core Chain, which is described as the first EVM blockchain compatible with Bitcoin, using a consensus mechanism called "Satoshi Plus". This mechanism combines entrusted workload proof, entrusted certificate of interest and unmanaged Bitcoin pledge, taking advantage of the security and decentralized characteristics of Bitcoin.
Looking to the future, Core's 2026 roadmap will no longer burn a certain percentage of block rewards and fees. Instead, ecosystem revenue from BTCFi activities such as pledge proceeds and liquidity pledge tokens will be used to systematically repurchase $CORE tokens, aiming to create sustainable demand-side pressure on the token supply.
The rebound in user numbers, stable transaction throughput, and shifts in token economy models together provide Core with a more reliable fundamental foundation than the mere TVL numbers suggest. Whether this momentum can be sustained will depend on how quickly the broader BTCFi ecosystem attracts new liquidity.
