Binance Alpha Trading Volume Points Event Sees User Participation Drop 64% Since June 12 Peak

According to data from the Dune Dashboard shared by @ethan714, the Binance Alpha Trading Volume Points Event saw a marked decline in user participation on June 23rd, with only 83,867 active users recorded. This figure represents a substantial drop of approximately 64% from the event’s peak participation of 233,730 users on June 12th. The distribution of users across different point tiers reveals that the majority, 52,492 participants, scored 15 points, followed by 13,820 users at 14 points and 8,893 users at 16 points. Lower tiers, such as below 10 points, accounted for 1,993 users, while the highest tiers, 19 points and above, included just 204 users. These metrics provide valuable insights into trader engagement levels and volume distribution during the event, reflecting shifting dynamics in user activity within the Binance trading ecosystem.

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