Dashboard Templates
This active wallets dashboard template includes 7 charts for daily and weekly activity, stickiness, wallet mix, chain usage, and transaction retention.
Active wallets are the crypto-native version of active users: the count of unique wallet addresses that interact with your app in a given period. Daily, weekly, and monthly active wallets (DAW, WAW, MAW) are the baseline health metric every onchain team tracks, and the DAU/MAU ratio measures how sticky that usage is.
Wallet activity is noisier than web2 app usage because a single person can hold many wallets and bots can inflate raw counts. Pairing active-wallet trends with a new-versus-returning split, a stickiness ratio, and a chain breakdown gives a truer read on whether real, repeat usage is growing.
Charts included and how they are calculated
Daily Active Wallets: counts distinct active wallet addresses for each day in the selected date range.
Average DAU: calculates the mean of the daily distinct-wallet counts across the selected date range.
DAU/MAU Stickiness: divides daily active wallets by monthly active wallets in the rolling monthly window.
New vs Returning Wallets: splits each day’s active wallets by whether that day is the wallet’s first-ever active day.
Weekly Active Wallets: counts distinct active wallet addresses for each calendar week in the selected date range.
Active Wallets by Chain: groups distinct active wallet addresses by chain_id within the selected date range.
Wallet Retention: builds weekly wallet-connect cohorts and measures recurring return through the resolved standard transaction event; setup is requested when no transaction signal is observed.
Use this dashboard to track whether active wallets, stickiness, and repeat usage are growing, not just raw traffic.
How to build this dashboard
Install the Formo SDK — active wallets, sessions, and chains are captured automatically once it is live.
Create a board and add the Active Wallets template from the gallery.
The charts populate with your data; adjust the date range or add filters as needed. Track the long game on the retention view.
Related dashboards
Wallet Churn & Dormancy Dashboard — the flip side: wallets that go quiet
Sybil & Airdrop Farmer Detection Dashboard — how much of that activity is genuine
Frequently Asked Questions
1. What is an active wallet?
An active wallet is a unique wallet address that performs at least one tracked action, such as a page view, connect, or transaction, within a time window. Daily, weekly, and monthly active wallets count the distinct addresses active over that day, week, or month.
2. What is the difference between DAU, WAU and MAU for wallets?
They are the count of distinct active wallets over one day, one week, and one month respectively. Daily active wallets show short-term engagement, weekly smooths daily spikes, and monthly captures your total reachable active base.
3. How is the DAU/MAU stickiness ratio calculated?
Divide average daily active wallets by monthly active wallets. A ratio of 0.2 means the average wallet is active on 1 in 5 days of the month. For consumer dapps, 0.2 and above is considered strong, though benchmarks vary by category.
4. What is a good DAU/MAU ratio for a dapp?
There is no universal benchmark, but 0.1 to 0.2 is typical for onchain apps and above 0.2 is strong. Financial and trading dapps tend to run higher than one-off mint or claim flows, so compare against your own trend rather than a fixed number.
5. What charts are included in the Active Wallets Dashboard and how are they calculated?
This template includes 7 charts: Daily Active Wallets, Average DAU, DAU/MAU Stickiness, New vs Returning Wallets, Weekly Active Wallets, Active Wallets by Chain, Wallet Retention. The chart list above explains each calculation, and date-filtered charts use the selected dashboard date range.
6. What does the New vs Returning chart show?
It splits each day’s active wallets into wallets seen for the first time ever and wallets that have been active before. A healthy app grows returning wallets over time rather than relying on a constant stream of new ones.
7. What setup is required to use the Active Wallets Dashboard?
Baseline activity charts need no custom events. Wallet Retention automatically uses an observed standard transaction; if none is available, the dashboard asks you to choose the retention event.
8. Do bot wallets inflate active wallet counts?
They can. Automated wallets and airdrop farmers can raise raw active-wallet numbers without representing real users, which is why this dashboard pairs activity with a new-versus-returning split and why teams often layer in the Sybil detection dashboard.
9. Why use weekly active wallets alongside daily?
Daily active wallets are volatile for dapps because usage clusters around events, launches, and incentives. Weekly active wallets smooth that noise, making the underlying growth trend easier to read.
10. Who should use the Active Wallets Dashboard?
Product and growth teams at onchain and DeFi apps that want a single view of active wallets, stickiness, and retention to judge whether real usage is growing.