Chain level metrics that are particularly interesting to me are:
1) Total app revenue (good measure of use, and sustainability of dApps)
2) Volume (similar reasons to 1)
3) Novel use cases (tougher to precisely measure)
4) Differentiated userbases (ie. fresh capital, not pvp rotatatoors)
5) use of gas token as collat (speaks to moneyness)
We’ve got much work to do on all of the above, but I also see clear paths towards each of them. More on this soon.
Berachain.