ChainBench · Flotapponnier · Aug 21, 2026 · Aug 21, 2026
@@ -0,0 +1,172 @@
+# OpenChainBench. Bench 208
+
+slug: trading-platform-wallets
+number: "208"
+title: "Daily active wallets per trading platform: GMGN vs Axiom vs Fomo vs pump.fun, live"
+seo_title: "Daily active wallets by trading platform 2026: GMGN vs Axiom vs Fomo vs pump.fun"
+seo_description: "{{best_name}} leads trading platforms with {{best_p50}} unique active wallets in 24h. GMGN vs Axiom vs Fomo vs Trojan vs BasedBot ranked by real user count, live from Dune community datasets."
+subtitle: Live count of unique wallets that traded through each platform in the last complete day. Sourced from Dune community datasets, refreshed every 4 hours. Reveals real user base vs bot-inflated transaction counts.
+
+category: Trading
+status: live
+metric: Active wallets 24h
+unit: count
+higher_is_better: true
+
+disclaimer: |
+  Wallet counts are unique wallets per platform per day from Dune community datasets (cross-chain). A wallet using two platforms is counted in each; counts are not mutually exclusive. Includes bots, MEV searchers, and multi-wallet traders. pump.fun wallets come from dataset_pumpapp_sol_daily only (not relay); relay wallets would overlap with pumpapp and double-count. Data represents the most recent complete day, refreshed every 4 hours.
+
+seo_intro: |
+  Daily active wallet count is the clearest signal of real platform usage, filtering out
+  the noise from bots that inflate transaction counts. GMGN consistently leads on wallet
+  count among trading terminals, reflecting its broad AI copy-trading user base across
+  multiple chains. Axiom and Fomo compete closely behind. pump.fun naturally dominates
+  in absolute numbers due to its launchpad mechanic attracting thousands of new wallets
+  daily across sniping bots and retail buyers. Trojan and Photon serve smaller but
+  more concentrated user bases with higher average positions. This benchmark tracks
+  unique active wallets per platform live from Dune community datasets, updated every
+  4 hours.
+
+abstract: |
+  The dune-platform-volume harness queries Dune community datasets
+  (dune.adam_tehc_co.dataset_*_daily) every 4 hours. The wallets column in each
+  dataset provides the count of unique wallet addresses that executed at least one
+  swap through the platform on the given day. For multi-chain platforms (GMGN,
+  Axiom, BasedBot, Terminal) the count is summed across all blockchains. For Fomo
+  and Trojan, the count is Solana-only. pump.fun uses dataset_pumpapp_sol_daily
+  wallets only. The metric is exposed as dune_platform_wallets_24h per platform.
+
+methodology:
+  - "Source: Dune community datasets (dataset_*_daily). wallets column = unique wallet addresses per platform per day."
+  - "Poll cadence: harness queries Dune every 4 hours; Prometheus scrapes :2112/metrics every 60 seconds."
+  - "Cross-chain: GMGN, Axiom, BasedBot, Terminal sum wallets across all blockchains. Fomo and Trojan are Solana-only datasets."
+  - "pump.fun: dataset_pumpapp_sol_daily wallets only (pumpapp frontend). Relay dataset wallets not added to avoid double-counting wallets active on both."
+  - "Includes all wallets: bots, MEV searchers, and automated traders are counted. Not a human-only metric."
+  - "Not mutually exclusive: a wallet using GMGN and Axiom on the same day is counted in both platforms."
+
+findings:
+  - "{{best_name}} leads trading platforms with {{best_p50}} unique active wallets in 24h."
+  - "GMGN leads terminals by wallet count, driven by its broad AI copy-trading and multi-chain reach."
+  - "pump.fun's wallet count reflects daily launchpad activity — thousands of new wallets snipe each token launch."
+  - "Comparing wallet count to txns per platform reveals the bot ratio: platforms with 50x more txns than wallets have heavy automated activity."
+
+source: https://github.com/ChainBench/OpenChainBench/tree/main/harnesses/dune-platform-volume
+
+prometheus:
+  window: 24h
+  freshness_metric: dune_platform_wallets_24h
+
+faq:
+  - q: "What does active wallet count measure?"
+    a: "Active wallets is the number of unique blockchain addresses that executed at least one swap through the platform during the day. It is a proxy for daily active users, though one human can control many wallets and bots count as wallets."
+  - q: "How is this different from swap transaction count (bench 207)?"
+    a: "Swap tx count (dune_platform_txns_24h) counts every individual swap. Active wallets counts unique addresses. A bot executing 500 swaps in one day contributes 500 to tx count but only 1 to wallet count. The ratio txns/wallets is a proxy for trading frequency per user and bot intensity."
+  - q: "Why is pump.fun's wallet count from pumpapp only and not relay?"
+    a: "The relay dataset (dataset_pumpfun_relay_daily) covers cross-chain relay swaps where pump.fun tokens are bought on EVM chains via relay. Wallets on relay likely overlap significantly with pumpapp wallets. Adding them would double-count users active on both. We use pumpapp as the primary dataset for pump.fun wallet counts."
+  - q: "Are wallet counts comparable across platforms?"
+    a: "Approximately. Each dataset counts unique addresses per day per platform independently. Cross-chain platforms (GMGN, Axiom) sum wallets across chains, so the same wallet on Solana and BNB would be counted twice. Single-chain platforms like Fomo and Trojan are Solana-only. The cross-chain sum slightly overstates unique humans for multi-chain platforms."
+
+providers:
+  - slug: pump-fun
+    name: pump.fun
+    tag: "Solana meme launchpad"
+    formula: "Unique wallets on pump.fun's app (dataset_pumpapp_sol_daily), latest complete day."
+    queries:
+      p50: dune_platform_wallets_24h{platform="pump-fun"}
+      p90: dune_platform_wallets_24h{platform="pump-fun"}
+      p99: dune_platform_wallets_24h{platform="pump-fun"}
+      mean: dune_platform_wallets_24h{platform="pump-fun"}
+      success: dune_platform_volume_health{platform="pump-fun"}
+      sample_size: dune_platform_wallets_24h{platform="pump-fun"}
+      series: dune_platform_wallets_24h{platform="pump-fun"}
+
+  - slug: gmgn
+    name: GMGN
+    tag: "AI trading terminal, multi-chain"
+    formula: "Unique wallets across all chains (dataset_gmgn_daily, cross-chain sum), latest complete day."
+    queries:
+      p50: dune_platform_wallets_24h{platform="gmgn"}
+      p90: dune_platform_wallets_24h{platform="gmgn"}
+      p99: dune_platform_wallets_24h{platform="gmgn"}
+      mean: dune_platform_wallets_24h{platform="gmgn"}
+      success: dune_platform_volume_health{platform="gmgn"}
+      sample_size: dune_platform_wallets_24h{platform="gmgn"}
+      series: dune_platform_wallets_24h{platform="gmgn"}
+
+  - slug: axiom
+    name: Axiom
+    tag: "Web trading terminal, multi-chain"
+    formula: "Unique wallets across all chains (dataset_axiom_daily, cross-chain sum), latest complete day."
+    queries:
+      p50: dune_platform_wallets_24h{platform="axiom"}
+      p90: dune_platform_wallets_24h{platform="axiom"}
+      p99: dune_platform_wallets_24h{platform="axiom"}
+      mean: dune_platform_wallets_24h{platform="axiom"}
+      success: dune_platform_volume_health{platform="axiom"}
+      sample_size: dune_platform_wallets_24h{platform="axiom"}
+      series: dune_platform_wallets_24h{platform="axiom"}
+
+  - slug: fomo
+    name: Fomo
+    tag: "Solana trading platform"
+    formula: "Unique wallets on Solana (dataset_fomo_sol_daily), latest complete day."
+    queries:
+      p50: dune_platform_wallets_24h{platform="fomo"}
+      p90: dune_platform_wallets_24h{platform="fomo"}
+      p99: dune_platform_wallets_24h{platform="fomo"}
+      mean: dune_platform_wallets_24h{platform="fomo"}
+      success: dune_platform_volume_health{platform="fomo"}
+      sample_size: dune_platform_wallets_24h{platform="fomo"}
+      series: dune_platform_wallets_24h{platform="fomo"}
+
+  - slug: trojan
+    name: Trojan
+    tag: "Telegram trading bot on Solana"
+    formula: "Unique wallets on Solana (dataset_trojan_daily), latest complete day."
+    queries:
+      p50: dune_platform_wallets_24h{platform="trojan"}
+      p90: dune_platform_wallets_24h{platform="trojan"}
+      p99: dune_platform_wallets_24h{platform="trojan"}
+      mean: dune_platform_wallets_24h{platform="trojan"}
+      success: dune_platform_volume_health{platform="trojan"}
+      sample_size: dune_platform_wallets_24h{platform="trojan"}
+      series: dune_platform_wallets_24h{platform="trojan"}
+
+  - slug: photon
+    name: Photon
+    tag: "Solana trading terminal"
+    formula: "Unique wallets on Solana (dataset_photon_daily), latest complete day."
+    queries:
+      p50: dune_platform_wallets_24h{platform="photon"}
+      p90: dune_platform_wallets_24h{platform="photon"}
+      p99: dune_platform_wallets_24h{platform="photon"}
+      mean: dune_platform_wallets_24h{platform="photon"}
+      success: dune_platform_volume_health{platform="photon"}
+      sample_size: dune_platform_wallets_24h{platform="photon"}
+      series: dune_platform_wallets_24h{platform="photon"}
+
+  - slug: padre
+    name: Terminal
+    tag: "pump.fun's own trading app (formerly Padre)"
+    formula: "Unique wallets across all chains (dataset_terminal_daily, cross-chain sum), latest complete day."
+    queries:
+      p50: dune_platform_wallets_24h{platform="padre"}
+      p90: dune_platform_wallets_24h{platform="padre"}
+      p99: dune_platform_wallets_24h{platform="padre"}
+      mean: dune_platform_wallets_24h{platform="padre"}
+      success: dune_platform_volume_health{platform="padre"}
+      sample_size: dune_platform_wallets_24h{platform="padre"}
+      series: dune_platform_wallets_24h{platform="padre"}
+
+  - slug: basedbot
+    name: BasedBot
+    tag: "Multi-chain trading bot"
+    formula: "Unique wallets across all chains (dataset_basedbot_daily, cross-chain sum), latest complete day."
+    queries:
+      p50: dune_platform_wallets_24h{platform="basedbot"}
+      p90: dune_platform_wallets_24h{platform="basedbot"}
+      p99: dune_platform_wallets_24h{platform="basedbot"}
+      mean: dune_platform_wallets_24h{platform="basedbot"}
+      success: dune_platform_volume_health{platform="basedbot"}
+      sample_size: dune_platform_wallets_24h{platform="basedbot"}
+      series: dune_platform_wallets_24h{platform="basedbot"}
@@ -18,35 +18,36 @@ import (
 // All others sum across all blockchains for latest available day.
 const querySQL = `
 WITH latest AS (
-  SELECT 'gmgn' AS platform, SUM(volume_usd) AS volume_usd, SUM(CAST(txns AS BIGINT)) AS txns, SUM(CAST(fees_usd AS DOUBLE)) AS fees_usd
+  SELECT 'gmgn' AS platform, SUM(volume_usd) AS volume_usd, SUM(CAST(txns AS BIGINT)) AS txns, SUM(CAST(fees_usd AS DOUBLE)) AS fees_usd, SUM(CAST(wallets AS BIGINT)) AS wallets
     FROM dune.adam_tehc_co.dataset_gmgn_daily WHERE day = (SELECT MAX(day) FROM dune.adam_tehc_co.dataset_gmgn_daily)
   UNION ALL
-  SELECT 'axiom', SUM(volume_usd), SUM(CAST(txns AS BIGINT)), SUM(CAST(fees_usd AS DOUBLE))
+  SELECT 'axiom', SUM(volume_usd), SUM(CAST(txns AS BIGINT)), SUM(CAST(fees_usd AS DOUBLE)), SUM(CAST(wallets AS BIGINT))
     FROM dune.adam_tehc_co.dataset_axiom_daily WHERE day = (SELECT MAX(day) FROM dune.adam_tehc_co.dataset_axiom_daily)
   UNION ALL
-  SELECT 'trojan', SUM(volume_usd), SUM(CAST(txns AS BIGINT)), SUM(CAST(fees_usd AS DOUBLE))
+  SELECT 'trojan', SUM(volume_usd), SUM(CAST(txns AS BIGINT)), SUM(CAST(fees_usd AS DOUBLE)), SUM(CAST(wallets AS BIGINT))
     FROM dune.adam_tehc_co.dataset_trojan_daily WHERE day = (SELECT MAX(day) FROM dune.adam_tehc_co.dataset_trojan_daily)
   UNION ALL
-  SELECT 'padre', SUM(volume_usd), SUM(CAST(txns AS BIGINT)), SUM(CAST(fees_usd AS DOUBLE))
+  SELECT 'padre', SUM(volume_usd), SUM(CAST(txns AS BIGINT)), SUM(CAST(fees_usd AS DOUBLE)), SUM(CAST(wallets AS BIGINT))
     FROM dune.adam_tehc_co.dataset_terminal_daily WHERE day = (SELECT MAX(day) FROM dune.adam_tehc_co.dataset_terminal_daily)
   UNION ALL
-  SELECT 'photon', SUM(volume_usd), SUM(CAST(txns AS BIGINT)), SUM(CAST(fees_usd AS DOUBLE))
+  SELECT 'photon', SUM(volume_usd), SUM(CAST(txns AS BIGINT)), SUM(CAST(fees_usd AS DOUBLE)), SUM(CAST(wallets AS BIGINT))
     FROM dune.adam_tehc_co.dataset_photon_daily WHERE day = (SELECT MAX(day) FROM dune.adam_tehc_co.dataset_photon_daily)
   UNION ALL
-  SELECT 'basedbot', SUM(volume_usd), SUM(CAST(txns AS BIGINT)), SUM(CAST(fees_usd AS DOUBLE))
+  SELECT 'basedbot', SUM(volume_usd), SUM(CAST(txns AS BIGINT)), SUM(CAST(fees_usd AS DOUBLE)), SUM(CAST(wallets AS BIGINT))
     FROM dune.adam_tehc_co.dataset_basedbot_daily WHERE day = (SELECT MAX(day) FROM dune.adam_tehc_co.dataset_basedbot_daily)
   UNION ALL
-  SELECT 'fomo', volume_usd, CAST(txns AS BIGINT), CAST(fees_usd AS DOUBLE)
+  SELECT 'fomo', volume_usd, CAST(txns AS BIGINT), CAST(fees_usd AS DOUBLE), CAST(wallets AS BIGINT)
     FROM dune.adam_tehc_co.dataset_fomo_sol_daily WHERE day = (SELECT MAX(day) FROM dune.adam_tehc_co.dataset_fomo_sol_daily)
   UNION ALL
   SELECT 'pump-fun',
     COALESCE((SELECT SUM(volume_usd) FROM dune.adam_tehc_co.dataset_pumpapp_sol_daily WHERE day=(SELECT MAX(day) FROM dune.adam_tehc_co.dataset_pumpapp_sol_daily)),0)
     + COALESCE((SELECT SUM(volume_usd) FROM dune.adam_tehc_co.dataset_pumpfun_relay_daily WHERE day=(SELECT MAX(day) FROM dune.adam_tehc_co.dataset_pumpfun_relay_daily) AND req_class='swap'),0),
     COALESCE((SELECT SUM(CAST(txns AS BIGINT)) FROM dune.adam_tehc_co.dataset_pumpapp_sol_daily WHERE day=(SELECT MAX(day) FROM dune.adam_tehc_co.dataset_pumpapp_sol_daily)),0)
     + COALESCE((SELECT SUM(CAST(txns AS BIGINT)) FROM dune.adam_tehc_co.dataset_pumpfun_relay_daily WHERE day=(SELECT MAX(day) FROM dune.adam_tehc_co.dataset_pumpfun_relay_daily) AND req_class='swap'),0),
-    CAST(0 AS DOUBLE)
+    CAST(0 AS DOUBLE),
+    COALESCE((SELECT SUM(CAST(wallets AS BIGINT)) FROM dune.adam_tehc_co.dataset_pumpapp_sol_daily WHERE day=(SELECT MAX(day) FROM dune.adam_tehc_co.dataset_pumpapp_sol_daily)),0)
 )
-SELECT platform, volume_usd, txns, fees_usd,
+SELECT platform, volume_usd, txns, fees_usd, wallets,
   CASE WHEN txns > 0 THEN volume_usd / txns ELSE NULL END AS avg_trade_usd,
   CASE WHEN volume_usd > 0 THEN fees_usd / volume_usd * 100 ELSE 0.0 END AS fee_rate_pct
 FROM latest ORDER BY volume_usd DESC
@@ -60,12 +61,13 @@ type duneClient struct {
 }
 
 type duneRow struct {
-	Platform   string  `json:"platform"`
-	VolumeUSD  float64 `json:"volume_usd"`
-	Txns       float64 `json:"txns"`
-	FeesUSD    float64 `json:"fees_usd"`
+	Platform    string  `json:"platform"`
+	VolumeUSD   float64 `json:"volume_usd"`
+	Txns        float64 `json:"txns"`
+	FeesUSD     float64 `json:"fees_usd"`
+	Wallets     float64 `json:"wallets"`
 	AvgTradeUSD float64 `json:"avg_trade_usd"`
-	FeeRatePct float64 `json:"fee_rate_pct"`
+	FeeRatePct  float64 `json:"fee_rate_pct"`
 }
 
 func newDuneClient(apiKey string) *duneClient {

@@ -33,6 +33,11 @@ var (
 		Help: "Observed fee take rate in percent per platform (fees_usd / volume_usd * 100, Dune community datasets).",
 	}, []string{"platform"})
 
+	platformWallets = prometheus.NewGaugeVec(prometheus.GaugeOpts{
+		Name: "dune_platform_wallets_24h",
+		Help: "Unique active wallets per platform for the latest complete day (Dune community datasets).",
+	}, []string{"platform"})
+
 	platformHealth = prometheus.NewGaugeVec(prometheus.GaugeOpts{
 		Name: "dune_platform_volume_health",
 		Help: "1 if this platform returned data in the last Dune poll.",
@@ -46,6 +51,7 @@ func init() {
 		platformFeesUSD,
 		platformAvgTrade,
 		platformFeeRate,
+		platformWallets,
 		platformHealth,
 	)
 }
@@ -62,6 +68,9 @@ func publishRows(rows []duneRow) {
 			platformAvgTrade.WithLabelValues(r.Platform).Set(r.AvgTradeUSD)
 		}
 		platformFeeRate.WithLabelValues(r.Platform).Set(r.FeeRatePct)
+		if r.Wallets > 0 {
+			platformWallets.WithLabelValues(r.Platform).Set(r.Wallets)
+		}
 		platformHealth.WithLabelValues(r.Platform).Set(1)
 	}
 }

@@ -22,6 +22,7 @@ const BENCH_SLUGS = [
   "solana-dex-volume",
   "solana-unique-traders",
   "solana-avg-trade-size",
+  "trading-platform-wallets",
   "solana-launchpad-wars",
   "memecoin-platforms",
   "app-store-ratings",
@@ -69,6 +70,14 @@ const COLUMNS = [
     tip: "24h volume ÷ trade count via Mobula. Includes bots and MEV — platforms with heavy bot sniping (notably pump.fun) show lower averages than human-only baselines.",
     higherBetter: true,
   },
+  {
+    key: "wallets" as const,
+    label: "Active Wallets",
+    bench: "trading-platform-wallets",
+    fmt: fmtCount,
+    tip: "Unique wallets that traded through the platform in the last complete day (Dune community datasets). Cross-chain for GMGN/Axiom/BasedBot/Terminal. Better signal of real user base than raw tx count.",
+    higherBetter: true,
+  },
   {
     key: "feeRate" as const,
     label: "Fee Rate",
@@ -130,6 +139,7 @@ const GROUPS = [
       { slug: "solana-dex-volume", title: "DEX volume & protocol revenue" },
       { slug: "solana-unique-traders", title: "Swap transactions" },
       { slug: "solana-avg-trade-size", title: "Average trade size" },
+      { slug: "trading-platform-wallets", title: "Daily active wallets" },
     ],
   },
   {
@@ -147,18 +157,20 @@ const GROUPS = [
 ] as const;
 
 export default async function TradingAppsHubPage() {
-  const [volBench, tradersBench, tradeSizeBench, feeBench, ratingsBench] =
+  const [volBench, tradersBench, tradeSizeBench, walletsBench, feeBench, ratingsBench] =
     await Promise.all([
       getBenchmark("solana-trading-platform-wars"),
       getBenchmark("solana-unique-traders"),
       getBenchmark("solana-avg-trade-size"),
+      getBenchmark("trading-platform-wallets"),
       getBenchmark("memecoin-platforms"),
       getBenchmark("app-store-ratings"),
     ]);
 
   const volIdx = indexBySlug(volBench?.results);
   const tradersIdx = indexBySlug(tradersBench?.results);
   const tradeSizeIdx = indexBySlug(tradeSizeBench?.results);
+  const walletsIdx = indexBySlug(walletsBench?.results);
   const feeIdx = indexBySlug(feeBench?.results);
   const ratingIdx = indexBySlug(ratingsBench?.results);
 
@@ -168,6 +180,7 @@ export default async function TradingAppsHubPage() {
     volume: number | null;
     traders: number | null;
     tradeSize: number | null;
+    wallets: number | null;
     feeRate: number | null;
     rating: number | null;
   };
@@ -178,6 +191,7 @@ export default async function TradingAppsHubPage() {
     volume: volIdx[p.slug] ?? null,
     traders: tradersIdx[p.slug] ?? null,
     tradeSize: tradeSizeIdx[p.slug] ?? null,
+    wallets: walletsIdx[p.slug] ?? null,
     feeRate: feeIdx[p.slug] ?? null,
     rating: ratingIdx[p.slug] ?? null,
   })).sort((a, b) => (b.volume ?? -1) - (a.volume ?? -1));
@@ -431,6 +445,7 @@ export default async function TradingAppsHubPage() {
           acq. Apr 2025). Swap transaction counts from Dune
           Analytics (pump.fun: dex-level; terminals: fee-wallet detection).
           Average trade size = volume ÷ trade count, includes bots and MEV.
+          Active wallets = unique wallet addresses per platform per day (Dune community datasets); cross-chain for GMGN/Axiom/BasedBot/Terminal.
           Fee rate = on-chain fee revenue ÷ fee-paying volume (Dune tx join);
           FOMO via DeFiLlama. App store ratings from the Apple iTunes lookup API.
           All harnesses open source on{" "}