[Twitter threads] Disruption Factor Explained: A Proof-of-Concept Framework for Evaluating L2 Syndromes

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Chainfeeds Summary:

In this Proof-of-Concept (POC), we scored 13 L2 networks to validate the effectiveness of DF in a track with abundant, comparable adoption data.

Article source:

https://x.com/ItsFloe/status/2001715767730147695

Article Author:

Jeremy


Opinion:

Jeremy: Under each pillar, DF evaluates multiple quantitative and qualitative indicators and generates a single comparable score through three steps: 1) Data standardization: Each indicator is converted into a percentile ranking (0–1) relative to projects in the same track. 2) Manipulation adjustment: Indicators that are more easily manipulated or inflated are discounted to reduce their influence. 3) Weighted aggregation: The adjusted indicators are weighted and aggregated into a pillar score, which is then combined into the final DF score. The final DF score (0–100) is used to compare projects against benchmarks in the same track: 75: Possesses infrastructure-level status, strong cultural cohesion, and systemic importance. In the first release of DF, we conducted an in-depth analysis of the L2 ecosystem, and the results showed a clear polarization: Arbitrum (69.5) and Base (67.1) are significantly ahead, OP (58.2) is in the second tier alone, and the remaining projects are concentrated below 49 points, indicating that many L2 projects are still in the early stages or have not yet proven their long-term durability. As of December 8th, Arbitrum ranked first with a score of 69.5. It leads only in 1/7 of the pillars, but ranks second in 2 others and first in 3 out of 28 metrics. Its strength doesn't stem from a single blockbuster application, but rather from a robust DeFi economy, consistent net inflows, and ecosystem revenue, particularly excelling in the economic durability pillar. Arbitrum has also attracted enterprise-level builders like Robinhood, Franklin Templeton, and WisdomTree, reinforcing its credibility as a production-grade foundational layer. Base ranked second with a score of 67.1, leading in 4 out of 7 pillars and first in 10 out of 28 metrics. Its greatest strength lies in its unreplicable distribution capabilities; Coinbase, a mainstream entry point, continuously translates awareness into users, and then into stable on-chain activity. This is particularly evident in pillars such as usage depth, narrative mindshare, and project goal alignment. OP Mainnet scored 58.2, not ranking first in any pillar, but placing in the top three in four out of seven pillars. Its strength stems from its mature governance system and robust, traceable public goods funding mechanism, making it stand out in the network effects pillar. While Optimism's Superchain narrative emphasizes multi-chain collaboration, DF only evaluates the currently observable single-chain durability of OP Mainnet.

Content source

https://chainfeeds.substack.com

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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