In the Web 3 field, what are the star applications? What are their MAU (Monthly Active Users)? For finance-related apps, what’s the monthly transaction volume in USD? Reference 1 (dappradar website) provides real-time data for analysis.
Web3 applications differ slightly from current web 2.0 internet applications - all user data and transaction data are transparent. You don’t need to go through the application operator; you can get real operational data from the blockchain.
According to dappradar website statistics, this article looks at star dapp applications from two dimensions in the past 30 days:
- Activity: Top 10 apps by monthly active users (wallet count)
- Transaction Volume:
- Top 10 apps by transaction volume (token inflow in USD)
- Top 10 apps by total assets in smart contracts
1. Activity
The table above shows the TOP 10 apps ranked by number of users (unique accounts) in 30 days.
| Rank | App Name | Description |
|---|---|---|
| 1 | PancakeSwap | Leading decentralized exchange on BSC |
| 2 | Primelab | From the description, Primelab provides users with a blockchain ecosystem, with main features being better accessibility and usability. All Primelab dapps allow users to register via email or phone. From the data, their user count is very unstable. |
| 3 | AtomicAssets | Implements NFT protocol on WAX blockchain (corresponds to common NFT standards ERC721, ERC1155 on Ethereum). |
| 4 | Alien Worlds | Gaming related |
| 5 | Splinterlands | Gaming related |
| 6 | OpenSea | The first and largest crypto collectibles peer-to-peer market, including game items, digital art, and other virtual goods backed by blockchain. |
| 7 | Axie Marketplace | Gaming related |
| 8 | Upland | Gaming related |
| 9 | Katana | Automated Market Maker (AMM) decentralized exchange (DEX) built on Ronin. |
| 10 | Magic Eden | NFT market on Solana blockchain. |
Analysis from the table:
- Gaming applications have more participants - 4 of the top 10 are gaming related
- AMM decentralized exchanges like Uniswap are also very active, e.g., Pancakeswap, Katana
- NFT trading related apps are active: OpenSea, Magic Eden, AtomicAssets
- Primelab is the only special case - its selling point is usability, making it easier for ordinary people to use blockchain services. But observing its data, it’s very unstable. Suspect it reached the top 10 by chance.
2. Transaction Volume
2.1. Top 10 by Transaction Volume
2.2. Top 10 by Asset Volume
From the perspective of transaction volume (USD equivalent flowing into smart contracts in the past 30 days) and asset volume (total assets deposited in smart contracts), all top 10 applications are DeFi applications without exception. And they’re mainly decentralized exchanges on different blockchains. For example, in the current DeFi system, three AMM applications with different characteristics are all in the TOP 10 list: Uniswap, Curve, 1inch.
ETH2 Deposit Contract holds significantly higher funds than all other applications. This application serves Ethereum’s migration to 2.0, which uses POS-based consensus mechanism. Validators in the 2.0 era are similar to miners in the 1.0 era. Becoming a validator requires staking Ethereum. This smart contract is used to collect staked Ethereum.
Polygon POS Bridge and Ronin Bridge applications that transfer assets between Ethereum and L2 sidechains also have considerable asset deposits.
All TOP 10 applications support one or more of the following blockchain platforms:
- Layer1 public chains: ETH, WAX, Flow, Solana, NEAR, Hive (Steem fork), EOS, Klaytn (Korean Kaokao), Waves (Russian), Avalanche, Moonbean, Fantom;
- Layer2 sidechains: BSC, Ronin, Polygon, Immutable X, Optimism