April marked another significant period for the Flow ecosystem, building on the positive trends of early 2025 with notable growth across key areas. Data indicates strong performance in DeFi, developer activity, community engagement, and ecosystem innovation. Highlights from the month include a new all-time high for Total Value Locked, a substantial increase in bridging volume, and the introduction of CryptoKitties' Meowcoins. The following highlights in detail Flow's progress in April.
Go with the Flow: April Highlights
The results speak for themselves:
- Total Value Locked: Surpassed $54M, representing a new all time high for Flow TVL
- Stablecoin Market Cap: Exceeded $22M, marking another all-time high.
- Bridging Activity Surges: Volume of bridging up 365% (from 16,559 to 77,000 bridge transactions) in only a month . With the total volume reaching $12M+
- Flow ranks among the fastest-growing L1s by active developers.
- User Growth Strong: 100K+ new accounts created in April.
What's Flowin': April Milestones and Momentum
The Flow ecosystem experienced rapid growth in April, with significant expansion across DeFi, developer activity, and consumer applications..
DeFi on Flow Hits New Heights
DeFi on Flow experienced significant growth in April, with Total Value Locked (TVL) reaching a new peak of over $54 million. This represents an increase from $43.8 million at the start of the month, indicating growing trust and capital investment in the ecosystem. This was complemented by the Stablecoin Market Cap exceeding $22 million, providing essential stability and liquidity to the rest of the Flow Ecosystem.
Bridging activity on Flow experienced an explosive surge in April, significantly boosting the ecosystem's liquidity and fueling the growth of its burgeoning DeFi landscape. The number of bridge transactions skyrocketed by an incredible 365% to over 77,000 in April alone. This surge drove bridge volume up by 11% to $12.33 million for the month, contributing to the over $42 million bridged into Flow year-to-date, with Stargate facilitating over 95% of these inflows. This substantial increase in assets flowing into Flow provides essential capital for the network's expanding DeFi protocols, as evidenced by the new all-time highs for Total Value Locked and the Stablecoin Market Cap detailed above. The ease with which users are bridging assets into Flow underscores the increasing confidence and participation in the ecosystem, laying the groundwork for continued growth in decentralized finance on Flow and beyond.
Within the network, DEX activity thrived: Trado processed over 51,000 swaps, reaching $15 million in trading volume., liquidity pools on KittyPunch such as the StableCeler and StableGate pools collectively surpassed $20 million in cumulative swap volume, underscoring the deepening liquidity on Flow.
Developer Momentum & Protocol Strength
Developer engagement on Flow reached new levels in April.. This persistent growth keeps Flow ranking among the fastest-growing Layer 1s by active developers growth. Beyond numbers, Flow solidified its technical foundation by publishing educational blogs, showcasing protocol-level features that provide unique advantages:
“On many chains, getting a single random number can cost you $5 or more - every single time you need to request numbers. That’s why Flow changed the game—by offering secure, verifiable randomness that’s fully on-chain, native to the protocol, and basically free.”
How to Achieve Randomness in a Smart Contract
“Flow’s architecture meets the technical demands of trustless coordination between smart contracts, AI agents, and human participants”
Flow Powers Agent-Based Innovation at TinTinLand Web3 Festival
“While MEV attacks are prevalent in many blockchain networks, Flow removes the usual vulnerabilities, so anyone can explore DeFi comfortably”
MEV Bots Suck: Here's How to Avoid Them
“Flow is pushing the boundaries of blockchain efficiency and scalability. A major enhancement called Account Storage Format. The impact? A 30% reduction in memory usage on execution nodes.”
Major Upgrades to Flow Network: Smarter Storage, Faster Nodes, and Seamless Migrations
“Following standout appearances at ETHGlobal events from San Francisco to Bangkok, Flow made a powerful mark at ETHGlobal Taipei, showcasing why it’s quickly becoming the Layer 1 of choice for Developers”
Flow celebrates another #1 spot as the most built on L1 at ETHGlobal Taipei
Ecosystem Innovation & User Expansion
Over 100,000 new accounts joined the network, injecting fresh vitality into the Flow community.
TSHOT by Vaultopolis: A Novel Utility Emerges
Vaultopolis introduced TSHOT, an innovative token that swiftly captured the community's attention. In its debut month, over 172,000 Moments were exchanged for TSHOT. Vaultopolis lets NBA Top Shot collectors trade in their Moments for some $TSHOT token, which can be switched back for Moments from the Vaultopolis vaults at any time. This novel mechanism for adding more utility to Top ShotNFTs, and allowing them to be seamlessly used in DeFi applications, has the potential to establish a new paradigm across the Flow ecosystem.
CryptoKitties Unleashes Meowcoins: the first Meme coin game.
This new token economy adds a playful yet significant layer to the Cryptokitties ecosystem. By engaging with the Cryptokitties:ALL THE ZEN! Telegram game, users can earn Fancy Coins and Beancoins, leading to the creation of powerful Family Coins that can be staked for further rewards. This innovative system increases community participation and offers a fresh perspective on digital collectibles and fungible tokens, emphasizing play and community over pure speculation.
Metaverse Football League (MFL) surpassed $1 million in volume during April.
This accomplishment, which marks a significant acceleration from the two years it took to reach this point previously, demonstrates the continued growth and activity within the Flow ecosystem's diverse range of projects.
Explore products built on Flow and discover two new case studies featuring MFL and aiSports.
- How aiSports built a Fantasy Game on top of NBA Top Shot
- MFL: Building the Future of Football Management on Flow
In Case You Missed It: Messari’s Flow Q4 Report
Messari's Q4 2024 Report continues to resonate within the Flow community, highlighting the network's significant breakout quarter.
- DeFi Takes Off: Witnessing a remarkable +91.6% quarter-over-quarter surge in Total Value Locked (TVL), Flow's DeFi ecosystem is clearly gaining serious momentum and attracting substantial capital.
- Engagement Explodes: With a +47.8% increase in daily active addresses, more and more users are actively engaging with the applications on Flow.
- NFT Market Heats Up: The NFT ecosystem on Flow saw a significant +26.7% jump in trading volume, indicating growing interest and activity in digital collectibles.
- Blazing Fast Performance: Experience the speed of Web3 with block times reduced to 800 milliseconds, delivering a near-instant and seamless user experience.
If you haven’t yet, read the full report here.
Looking Ahead: Keep Flowin'
April was a month of significant achievement for Flow, marked by the introduction of new fungible tokens, a substantial expansion of its developer community, record-breaking DeFi metrics, and the ongoing success of diverse projects within the ecosystem. These indicators collectively demonstrate the Flow ecosystem's strong growth.
Want to dive deeper into Flow’s explosive growth? Keep an eye out for our detailed weekly and monthly reports.
Ready to create the future of consumer apps on Flow? Start building today.
Onward!
