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Vector.fun revenue grew nearly eightfold in December
Vector, Tensor's viral SocialFi trading platform, aims to upend Tensor's "NFT" marketplace and become the team's largest app in 2025, although the mobile app
Vector is still in the invitation-only #beta testing phase, In December, in-app transaction activity surged, user counts and revenue increased rapidly. What's behind the explosive growth of Vector and what it means for future $TNSR reward seasons. Tensor will initially launch in September 2024 with The company launched Vector and steadily grew Vector's user base during a period of controlled invitation-only beta testing. Tens of thousands of new users received invitation codes and joined SocialFi. According to Syndica's latest dApp Solana revenue report for December, Vector's monthly revenue grew 696%, from $56,000 in November to $446,000 in December. In addition to the significant growth in platform revenue , Vector gained over 28,000 new swappers, increasing the number of unique wallets from 5,000 to over 33,000. Despite the fact that access to the platform is by invitation only, Vector has seen an impressive growth in activity. Invitation codes are regularly distributed to active users through the Tensor team. despite the controlled entry to the platform, Vector is quickly outpacing Tensor's flagship product, the trading platform, in terms of revenue. According to Pulse, Tensor has generated $568,000 in revenue over the past 30 days. Tensor generated 27% more revenue than Vector over the same period but the SocialFi trading platform But when the SocialFi trading platform is fully introduced, it could attract enough new traders to flip Tensor's "NFT" market and make it the team's largest app in terms of value creation Much of Vector's success can be attributed to Solana's favorite influencers and KOLs, which This is due to the support it has received. To increase transparency, Vector encourages traders to publicize their positions and receive commissions when their followers participate in trades.
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