It has been a while since The Block’s Data & Insights newsletter last talked about the social finance platform, FriendTech.

As a reminder, the premise behind the protocol was that users could buy keys (previously called shares) of popular creators, which granted key owners exclusive chats and content from the “influencer.” The platform was pretty novel when it launched, and to this day, it remains the largest SoFi platform by total value locked, despite several clones launching in the wake of its success.

FriendTech was also bolstered by launching on Base in the late summer. While FriendTech was having its own bout of hype, the network it was built on was having a wave of excitement, as well, giving it an added boost.

The protocol saw pretty explosive growth. Daily …