Final Report - Tracking Arbitrum Ecosystem Growth on Farcaster

Quotient — Final Report

Project Summary

Quotient is a social analytics company for traders. This grant funded three things: content teaching developers how and why to build Arbitrum-integrated miniapps on Farcaster, data pipelines tracking Arbitrum ecosystem development on Farcaster, and a dashboard reporting on the drivers of that growth.

All three milestones are complete.

Funding ask: 20,000 USD · Milestones: 3 · Category: Analytics

Farcaster accounts indexed 3,345,915
Wallets belonging to those accounts 5,623,513
Arbitrum contract deployers on Farcaster 2,076
Contracts they deployed 26,050
Tokens launched 67,670
/arbitrum channel participants 15,433
Brand engagement events 23,375
Lifetime Hyperliquid volume, miniapp builders $183,281,830
Lifetime Hyperliquid volume, Arbitrum ecosystem posters $202,172,797

Public links:

Pipelines:

Dashboard:


Milestone 1 — Content Describing How and Why to Build on Arbitrum

3,000 USD

What Was Delivered

Four published articles and a working miniapp hosting resources on building Arbitrum-integrated miniapps on Farcaster. The content covers the build process, the audiences reachable through Arbitrum, and the grant and incentive programs available to miniapp developers.

Start of this milestone was delayed to deconflict with Offchain Labs, which launched a separate initiative promoting Arbitrum miniapps on Farcaster during the same period.

Deliverables

ArbSwap, a social trading miniapp recommending tokens based on the trading activity of a user’s Farcaster mutual followers, focused on Clanker tokens to support Clanker’s launch on Arbitrum:

Building Farcaster Mini Apps on Arbitrum:

How to Analyze Your Arbitrum Miniapp User Data with Quotient:

Arbitrum Incentives for Miniapp Builders:

Where Liquidity Meets Virality, Building Games with Arbitrum + Farcaster:

Launch announcement:

ArbSwap was recognised by the Arbitrum Foundation and Offchain Labs in the inaugural week of Arbitrum Miniapp Developer rewards:

KPI Results

KPI Target Result
Users who added the miniapp (low 250 / medium 1,000 / high 5,000) 257 unique users — low target met
Users completing an in-app swap from Base to Arbitrum 17
Farcaster trending apps leaderboard Peaked at #32
Articles published 4

Milestone 2 — Data Pipelines Tracking Arbitrum Ecosystem Development

8,250 USD

What Was Delivered

Eleven data pipelines measuring Arbitrum activity across Farcaster, loading into a Neo4j graph. They identify who deploys contracts on Arbitrum, who builds miniapps, who launches and buys tokens, who holds major Arbitrum assets, and who engages with Arbitrum’s accounts and channel.

Every pipeline can rebuild from scratch or update incrementally, writes CSV output for inspection, and resumes after interruption.

Deliverables

  • linked_wallets — every Farcaster account, its verified wallets, its reputation score
  • contract_deployers — every Arbitrum contract deployment traced to a Farcaster account, with on-chain activity. Deployments made through a factory contract are credited to the person, not the factory
  • miniapp_builders — miniapp builders and their Arbitrum activity
  • brand_engagement — replies, likes, recasts and mentions directed at Arbitrum’s accounts, plus full /arbitrum channel coverage, with weighted scoring
  • clanker_tokens and bankr_tokens — token launches on Arbitrum and Robinhood Chain, with the account behind each launch and per-token trading volume
  • token_buyers — purchases of $50 or more, matched to Farcaster accounts
  • token_evangelists — purchases traced to the posts that influenced them
  • popular_tokens — trades, holdings, Gauntlet vault deposits and Uniswap liquidity for ARB, PENDLE and Layer3
  • arb_cohort — the combined list of wallets active on Arbitrum
  • hyperliquid_activity — lifetime trading volume and first trade date per wallet
  • Neo4j graph, loaders, orchestrator, 486 tests, and documentation

KPI Results

KPI Target Result
Users who deployed smart contracts on Arbitrum, with on-chain activity 2,076 Farcaster accounts, 26,050 contracts, from 373,565 Arbitrum deployers scanned
Users who created miniapps integrating Arbitrum, with on-chain activity 68 builders, 257 wallets, 95 active on Arbitrum
Engagement with the Arbitrum brand account and related content 23,375 events from 9,481 accounts; 17,916 /arbitrum posts from 15,433 participants

Detail by category:

Farcaster accounts indexed 3,345,915
Wallets linked 5,623,513
Accounts scoring above 0.6 86,414
Deployers scoring above 0.6 333 (2,644 contracts)
Likes / recasts / mentions / replies 14,506 / 3,293 / 2,892 / 2,684
Tokens tracked 67,670
Distinct token launchers identified 15,047
Purchases of $50 or more 189
Wallets checked on Hyperliquid 2,323
Wallets trading on Hyperliquid 1,088 (47%)
Their lifetime Hyperliquid volume $1,016,581,871
Graph nodes / relationships 9,064,071 / 5,784,327
Tests passing 486

Links


Milestone 3 — Dashboard for Monitoring Arbitrum Ecosystem Growth on Farcaster

8,750 USD

What Was Delivered

A dashboard reporting on the drivers of Arbitrum ecosystem growth on Farcaster, built on the graph from Milestone 2. It presents the data across five views covering accounts, engagement, growth over time, protocols, and tokens.

Deliverables

  • Accounts — Farcaster accounts active on Arbitrum, ranked by activity and reputation
  • Engagement — engagement with Arbitrum’s accounts and the /arbitrum channel
  • Growth — activity over time, including monthly casts, engagements and distinct authors
  • Protocols — activity across Arbitrum ecosystem protocols including Hyperliquid
  • Tokens — token launches, purchases, and the posts associated with them
  • Snapshot mode — the dashboard runs against a committed data snapshot without graph credentials

KPI Results

KPI Target Result
Weekly active users (low 50 / medium 250 / high 1,000) 150 — medium target in progress
Volume generated on Arbitrum $4,500,000

Links


Delivery Summary

Milestone Deliverable Amount Status
M1 Content describing how and why to build on Arbitrum 3,000 USD Complete
M2 Data pipelines tracking Arbitrum ecosystem development 8,250 USD Complete
M3 Dashboard for monitoring Arbitrum ecosystem growth 8,750 USD Complete
Total 20,000 USD

Findings

Miniapp builders trade significant volume on Arbitrum ecosystem protocols. The 68 miniapp builders tracked hold wallets with $183,281,830 in lifetime Hyperliquid volume. Arbitrum ecosystem posters and brand engagers account for $202,172,797. These groups overlap, so the figures are not additive.

Farcaster accounts deploying contracts on Arbitrum are a small but identifiable group. Of 373,565 addresses that deployed a contract on Arbitrum, 2,076 belong to Farcaster accounts. 333 of those score above 0.6 on reputation.

Most token launch activity sits on Robinhood Chain rather than Arbitrum One. Robinhood Chain, an Arbitrum Orbit chain launched in July 2026, carries 67,086 of the 67,670 tokens tracked.

Posting drives little measurable purchase volume. 573 posts about tracked tokens produced 29 purchases traceable to a post, totalling $144.85. A purchase counts as influenced when the buyer engaged with a post about that token within five days of buying.


Note on the Measurement Window

Around the time this grant started, Offchain Labs launched a paid incentives program for developers. Developers went there directly, and Offchain Labs collected its own usage data through it. This delayed the start of Milestone 1 while we deconflicted with that initiative.

Arbitrum activity on Farcaster declined over the period. /arbitrum channel posts fell from 7,513 in August 2025 to about 20 a month by mid-2026. Brand engagement fell from 8,298 events in July 2025 to a similar level. First-time Arbitrum deployers fell from 75 a month to about 20. Contract deployments stayed between 300 and 500 a month.

Near the end of the grant we shifted focus to prediction market analytics, where activity was growing. We reused this infrastructure for that work.


Team

Jordan Olmstead — Product / Data

https://www.linkedin.com/in/jordan-o-5b5845128/

Steve Simkins — Content / DevRel

https://www.linkedin.com/in/steve-simkins/

Francisco Pablo Marengo — Data Analytics / Research

https://www.linkedin.com/in/francisco-pablo-marengo-103165239


Key Links

Website:

https://usequotient.xyz

Dashboard:

Pipelines repository:

Dashboard repository:

ArbSwap miniapp:

Building Farcaster Mini Apps on Arbitrum:

How to Analyze Your Arbitrum Miniapp User Data:

Arbitrum Incentives for Miniapp Builders:

Building Games with Arbitrum + Farcaster:

Budget breakdown:

GitHub:


Appendix — Activity by Month

Month Contract deploys /arbitrum posts Brand engagements Arbitrum token launches
2025-01 1,089 243 381 0
2025-02 741 146 11 0
2025-03 1,389 167 10 0
2025-04 1,082 110 11 0
2025-05 1,279 103 14 0
2025-06 2,008 291 141 0
2025-07 1,089 1,003 8,298 125
2025-08 891 7,513 2,875 127
2025-09 1,001 1,253 1,438 89
2025-10 875 691 4,774 104
2025-11 755 708 2,880 31
2025-12 650 244 1,035 4
2026-01 512 382 415 3
2026-02 397 1,111 511 15
2026-03 449 1,354 218 10
2026-04 473 2,524 261 20
2026-05 300 43 63 21
2026-06 293 11 15 6
2026-07 523 19 23 8
1 Like

Great to see users being brought from Base to Arbitrum through the miniapp. Of the users who did not complete a swap, did you notice any common issues with wallet connection, switching networks, or understanding the cross-chain flow?

Feedback like this would be useful for wallet teams working to make the experience simpler. I work with Gem Wallet, so I’m especially interested in practical user feedback.

Gm - Farcaster wallet abstracts away many of the issues with cross-chain swaps. Some issues with users not understanding how gas worked on Arbitrum.

nice, work on the data infrastructure and dashboard. For clearer DAO impact assessment, could you also share the source and unique wallet breakdown of the reported $4.5M volume, plus 30 day retention for the 17 completed swaps? Separating Arbitrum One activity from Robinhood Chain would also make the ecosystem impact easier to evaluate. @jordanadroj @Anzus_GemWallet

1 Like

Thanks @jordanadroj, that is helpful. Gas is often one of the first confusing parts for users moving to a new network.

Was the main issue not having enough ETH for gas, or not knowing that Arbitrum uses ETH for fees? I’ll share this with the Gem Wallet team as feedback.

all of the above! just general lack of familiarity with arb

1 Like

appreciate the questions:

  • Source and unique wallet breakdown of reported $4.5m volume comes from trading of our token, which was launched on Robinhood Chain. Our posts about Arb mini-apps yielded negligible volume (as most of the apps had very little authentic usage to start with)
  • 30 day retention was 22%
  • All of the data is for Arbitrum One chain except the Tokens/Protocols tabs, which breaks down by Robinhood Chain v. Arbitrum One
1 Like

the source data is also in the /data directory of the pipelines repo.