Top 10 dapps on Ethereum that reach 1 million daily users
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Answer Top 10 dapps on Ethereum that reach 1 million daily users
During the month of October, the top 10 decentralized applications “dapps” on the Ethereum blockchain reached an average of 1,017,760 daily active users, according to a report “DappRadar“.
Not surprisingly, DeFi platforms account for over 94% of this activity in use.
According to the same report, six of the top 10 Ethereum DApps are in the category of decentralized exchanges, and two are in the category of high-risk applications and projects (which can be fraudulent applications).
However, there is a prominent decentralized application that has made its way among the decentralized financing platforms and protocols, a project that offers non-fungible digital products (NFT) we are talking here about the “Rarible” store.
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The game “Axie Infinity” also managed to make its way to the top ten, although it and the “Rarible” store represent only about 25,000 daily active users out of a million users.
Among the top three DApps, Crypto.com alone attracts more than half a million daily users, leaving all its competitors far behind.
In second place among the top 10 decentralized applications is the decentralized exchange “Uniswap” and in third place is the crypto lending platform “Compound” as they are responsible for 276,000 and 141,000 daily active users, respectively.
In total, decentralized applications in the DeFi sector have attracted more than 94% or a total of 952,920 daily active users over the past 30 days.
At the same time, and excluding the top three, dapps that ranked fourth to tenth have between 10,000 and 30,000 daily users, which indicates that DeFi platforms are still very active applications and are considered among the most important. Main applications on the Ethereum blockchain.
In conclusion, the report concluded that:
The interest and potential to use the features of DeFi for retail users is becoming more apparent.
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It can be said that Ethereum finally has active dapps to give new and old users a tangible way to use their cryptocurrency.
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