Ethereum EIP-7702 metrics for 2025-05-07 ✨Authorizations: 1, | 0xKofi på Binance Square

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Ethereum EIP-7702 metrics for 2025-05-07✨Authorizations: 1,103
⚡️Set Code Transactions: 377
📜Authorized Contracts: 29

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Follow @Adam_Tehc and @JDHyper for data-driven insights into the degen trenches In the past week, every time I've searched for a launchpad or trading platform on @Dune their names have popped up first. Hard workers.

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More than 1,000,000 wallets upgraded to smart accounts using EIP-7702 last month. We hit that milestone way faster than I expected. Sadly, 99% of those upgrades were hackers converting wallets with previously leaked private keys. They programmed these accounts to automatically transfer stolen funds to them. I still believe millions of regular users will upgrade their wallets this year. Hackers jumped on 7702 quickly because smart account features like automatic actions and bundled txns help them steal faster. But wallet companies are moving slowly because: - They have to be absolutely perfect with security. If the 7702 account code of a major wallet gets hacked, it would be devastating - Adding 7702 upgrades would make their apps 10X better for users, but it won't directly increase revenue

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This weekend, more than a million wallets authorised these contracts using EIP-7702. Does anyone know who they belong to? They are not verified on etherscan 0x1ee8e3b6ca95606e21be70cff6a0bd24c134b96f - on Base 0xcefd060da801a3f004d6b307f4cab943d1c9b45b - on Optimism

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|@0xbbbb_eth has built a beautiful L2Beat-for-EIP7702 dashboard Lots of great insight into different EIP7702 smart account implementations: - TVL - Features (eg. Batch calls) - Method of transacting (eg. ERC4337 bundles) And more! Link in next tweet

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EIP-7702 launched last week. More than 25,000 wallets are currently upgraded to EIP-7702 smart accounts. - 13,013 on Ethereum - 5,588 on OP Mainnet - 5,261 on BSC - 2,851 on Base - 229 on Gnosis

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