We’re funding a community-driven analysis to answer a simple question:

How has Farcaster usage changed over the last year vs crypto-wide activity — and what does it actually mean?

There’s been a lot of noise around declining/peaking activity in Farcaster casts, but we want context. Is this a Farcaster-specific trend? Or does it mirror broader crypto attention cycles?

We’re opening a bounty for the best attempt to break this down.

Deliverable (open format)

Submit any format that best explains the story, for example:

• 📊 A Dune dashboard or other onchain/data dashboard
• 🎥 A video breakdown (at least 1-3 min long preferred, but flexible)
• 🧵 A Farcaster or X thread with charts + narrative
• 📈 A written report / blog post
• 🧠 Or any hybrid of the above

We care more about clarity + insight than format.

What we’re looking for

Your analysis should try to answer:

• How has Farcaster DAU / active casters / engagement changed over the last 6–12 months?
• How does that compare to broader crypto activity signals over the same period (pick proxies like:
  • active wallets
  • L2 usage
  • onchain transactions
  • social activity where relevant)
• Is Farcaster diverging from or tracking the broader crypto cycle?
• What are the most honest interpretations of what’s happening (not just charts, but meaning)?

Good submissions usually include

• At least 1–3 clear data sources (onchain, social, or analytics)
• At least one comparison that normalizes for hype cycles or seasonality
• Visuals (charts, graphs, or timelines help a lot)
• A clear narrative takeaway: “what story do these numbers actually tell?”

Rules / constraints

• Must be original work
• Must include sources or reproducible methodology where possible
• Can be solo or collaborative
• No format advantage — best insight wins, not best tooling

Reward

Best submission as judged by bounty contributors wins 🏆

Submissions open through June 30th @ 11:59 pm PST 🗓️