May proved to be an exceptional month for the Flow ecosystem, demonstrating significant advancements across key metrics including developer growth, user acquisition, and DeFi expansion. Building on a strong start to 2025, May saw continued momentum - Flow was #1 fastest-growing blockchain by active weekly developers, experienced a surge in new user accounts, and hit all-time highs in Total Value Locked (TVL).
What's Flowin': May Milestones and Momentum
- Developer Activity Soars: Flow ranked as the #1 fastest-growing blockchain by active weekly developers (Source: Artemis).
- User Growth Continues: 135k+ new accounts were created in a single week in May, following a trend of new user growth seen throughout 2025.
- DeFi TVL Reaches New Heights: Total Value Locked (TVL) reached ~180M FLOW, marking four consecutive weekly All-Time Highs.
- Disney doubles down on Flow: 50 million Disney+ subscribers will receive access to claim a Disney Pinnacle digital collectible through a new partnership with Dapper Labs. Every month, for every subscriber.
Developer Momentum & Protocol Strength
Developer activity on Flow reached new heights in May, culminating in Flow being being the #1 fastest-growing blockchain by active weekly developers as reported by Artemis. This remarkable achievement underscores the vibrant and expanding builder community on Flow.
Beyond the numbers, there was a range of activity across developers and builders in the ecosystem:
- Consensus: Flow hosted multiple Builder <> VC mixers and dev meetups at Consensus, Toronto.
- GrantsDAO: A partnership with Dorahacks, the global leading hacker organization, to launch Flow GrantsDAO
- Flowscan Updates: The network’s premier block explorer now seamlessly shows support for both Cadence and EVM, offering a unified interface for blocks, transactions, events, and accounts across both environments.
- @AskFlowAI_bot: A new Telegram bot has launched that can be added to any Telegram chat, and provides developers with answers and real-time Flow information.
- Flow Community Rewards: The Rewards Store has heated up with activity, offering a distribution platform for ecosystem builders and incentives for users.
- Batching EVM Transactions: A comprehensive guide was released demonstrating how to batch multiple EVM transactions within a single Cadence transaction, offering atomic execution, reduced gas fees, streamlined user interactions, and enhanced reliability.
DeFi on Flow Hits New Heights
DeFi on Flow continued its impressive trajectory in May, with Total Value Locked (TVL) hitting over 179M+ FLOW or $76M+ USD. This milestone marks four consecutive weekly all-time highs in FLOW TVL, a reflection of the increasing user activity and the expanding suite of DeFi applications available on Flow.
Key contributors included KittyPunch at +$31.93M (up 30.5%) and More Markets at +$7.36M (up 43.5%). More Markets reached a new all-time high of 36M $FLOW in TVL this week, representing a 12% week-over-week gain, reflecting rising demand for decentralized credit markets on Flow.
Bridge activity also saw a significant surge, with activity on Relay exploding 10x week-over-week as the top method for users to move assets into Flow, signaling increased liquidity as detailed in the Flipside Crypto report on Bridging Activity.
Disney doubles down on Flow
The new Disney+ Perks Program, launched in collaboration with Dapper Labs, marked a significant moment in crypto. Now, over 50 million Disney+ subscribers in the US can claim a free, exclusive Disney Pinnacle digital pin, every month. This partnership leverages Flow's blockchain capabilities to seamlessly introduce a massive Web2 audience to Web3 experiences, offering digital collectibles from all the brands you know and love from Disney.
Looking Ahead: Builder Opportunities
Flow is actively supporting its developer community with substantial opportunities and resources. Here’s some upcoming opportunities any builder on Flow or new to the ecosystem can take advantage of:
- Protocol Labs: Modular Worlds Hackathon: Over $250,000 in prizes are available for building during the Protocol Labs month-long virtual hackathon, including Flow-specific tracks!
- Permissionless New York: Over $100,000 in prizes for building the next top consumer app at the Permissionless Hackathon in New York, June 20-22. Flow is also offering scholarships covering flights and accommodation to attend for select community members.
- Flow GrantsDAO: Grants of up to 50,000 FLOW are available for builders, with a community-led voting system to allow the community to have input on what gets built on Flow.
- Bug Bounty Program: For white hat hackers or developers keen to help fix bugs, up to $250,000 is available for discovering bugs on Flow.
May was a landmark month for Flow, characterized by continued strong developer growth, massive user acquisition through strategic partnerships, and record-breaking DeFi performance. These achievements collectively underscore the Flow ecosystem's robust expansion and its growing position as a leading Layer 1 for consumer applications and beyond.
Ready to create the future of consumer apps on Flow? Start building today.
