In the fast-paced world of decentralized finance (DeFi), user adoption can make or break a protocol. Recently, DMH, the COO of Fluid and Instadapp, took to X (formerly Twitter) to share a stunning milestone. Posting under the handle @DeFi_Made_Here, he highlighted Fluid's explosive growth: "From ~100 active users 18 months ago, to 170k+ users now. One of my favorite charts representing @0xfluid growth."

This tweet, which you can check out here, comes with a chart from Token Terminal showing monthly active users skyrocketing to 171.9K. It's a testament to how DeFi projects are scaling amid evolving blockchain tech.

What is Fluid Anyway?

If you're new to this, Fluid is an advanced DeFi protocol built by Instadapp, a platform that simplifies managing crypto assets across blockchains. Think of Fluid as a super-efficient layer for lending, borrowing, and trading. It includes features like Fluid Vault for lending, Fluid DEX for trading, and lightweight versions for quick actions. The goal? To fix common DeFi headaches like fragmented liquidity—where your funds are spread out and hard to use efficiently—and make everything more capital-efficient.

In simple terms, liquidity fragmentation happens when assets are locked in different protocols, reducing their usability. Fluid unifies this, allowing users to borrow or trade without jumping through hoops. It's deployed on chains like Base and Optimism, which are popular for their low fees and speed—perfect for everyday crypto users.

Breaking Down the Growth

The chart DMH shared pulls data from Token Terminal, a go-to analytics platform for crypto metrics. It tracks monthly active users (MAU) using a rolling 30-day window, counting unique interactions with Fluid's products. They even use fancy tech like HyperLogLog to accurately estimate uniques without double-counting.

Starting from near-zero in early 2023, the line stays flat until mid-2024, then shoots up dramatically. By September 2025, it's at 171.9K users. That's not just numbers; it signals real traction. For context, DeFi as a whole has seen ups and downs, but protocols solving real problems—like easier access to liquidity—are winning big.

Why This Matters for Meme Token Enthusiasts

Now, you might be wondering: How does this tie into meme tokens? Meme coins, those fun, viral assets like Dogecoin or newer ones on Solana and Base, thrive on hype, quick trades, and community buzz. But trading them efficiently requires solid DeFi infrastructure.

Fluid's DEX and lending features play right into this. Imagine borrowing against your meme holdings without selling, or swapping tokens with minimal slippage (that's when prices move against you during a trade). With unified liquidity, Fluid reduces costs and risks, making it easier for meme traders to jump in and out of positions. Plus, on chains like Base, where many meme tokens launch, this growth means more users pumping liquidity into the ecosystem.

For blockchain practitioners, this is a lesson in product-market fit. Fluid didn't just build tech; they focused on user-friendly tools that scale. As DMH's tweet sparked replies from the community—ranging from congrats to questions on growth tactics—it shows the DeFi space is alive with innovation.

Looking Ahead

Fluid's surge isn't isolated. It's part of a broader trend where DeFi protocols are maturing, attracting users beyond hardcore crypto folks. If you're into meme tokens, keeping an eye on platforms like Fluid could give you an edge—better tools mean smarter plays.

Whether you're lending stablecoins or trading the next big meme, growth stories like this remind us: DeFi is evolving, and user adoption is the ultimate metric. Stay tuned for more updates on how these developments shape the meme token landscape.