Digital Assets management platform CoinStats has introduced “Chain Activity” to allow users to monitor their wallet’s activities, especially on blockchain networks with potential airdrops, according to a Nov. 2 statement shared with CryptoSlate.

Chain Activity provides detailed insights into CoinStats users’ wallet participation in airdrop farming activities. This feature allows the users to gauge their wallet’s standing among others engaged in airdrop farming.

The new feature will allow CoinStats users to monitor activity score calculation, transaction count, total trading volume, total fees spent, and the last activity of their wallet.

Wallet ranking on airdrop farming

Chain Activity employs a unique 100-point system to evaluate a user’s wallet activity and presents it as a prominent card displaying its performance and ranking.

In addition to wallet ranking, CoinStats users can also track their total transaction counts and trading volume on various blockchain networks. Besides that, Chain Activity offers transparency on the total amount users have spent on trading fees across these networks.

Furthermore, this new CoinStats feature provides users with information about their wallet’s last active time by aggregating on-chain activities over varying timeframes, from days to weeks and months. This enables users to gain a comprehensive overview of their overall on-chain engagement.

Although this feature is accessible to all CoinStats users, it is particularly valuable for airdrop farmers on zkSync Era, Starknet, and Polygon zkEVM chains.

Beyond farmers, airdrop enthusiasts can leverage Chain Activity to assess their eligibility for airdrops and compare their wallet activities with broader on-chain actions.

To benefit from this feature, interested users can visit CoinStats and connect their wallet to access the analytics platform, which showcases their wallet activities.

It’s worth noting that CoinStats caters to users across more than 70  blockchains and over 1,000 DeFi protocols. Additionally, it supports more than 300 wallets, including popular options like Binance and MetaMask.