Top 15 DeFi DApps By Active Users In The Past 30 Days
https://ift.tt/TId5UPf
Decentralized Finance (DeFi), is a financial application that is built on blockchain technology allowing transactions between multiple parties. Whereas, decentralized applications (dApps) and DeFi, let anyone with internet access to engage in a new generation of financial services. The crypto space was hyped with the concept of NFTs and DeFi last year which also led to growth in the adoption of crypto-assets.
Significantly, CryptoRank is a platform for crypto market data aggregation and shares trading alerts with analysis. The official Twitter account of CryptoRank shares the trending topics in the crypto industry by analyzing the data. Likewise, the platform has shared the top 15 DeFi DApps by active users in the last 30 days.
DeFi DApps By Active Users
The top set of DeFi DApps in the list are PancakeSwap, Orca, Katana, Trader Joe, and Uniswap v2. These tokens have active users of 2.86M, 240K, 233K, 192K, and 179K respectively in the past 30 days. Moreover, there are DeFi DApps on different blockchains like BNB, Polygon, Solana, Avalanche, Fantom, Ethereum, and others. Similarly, these DApps are also built on any of these above-mentioned blockchains which play a major role in the product.
Consequently, the next set of tokens is Uniswap v3, Raydium, 1Inch Network, SpookySwap, and Metamask Swap. These digital assets have active users of more than 120K in the last month and the volume is above $325M. In the past 30 days, the volume of these tokens are $64.6B, $12.2B, $8.04B, $2.4B and $329K respectively.
Furthermore, most of the tokens in the list operate on the structure of exchanges which mainly supports transactions. The final set of tokens is Bogged Finance, MM Finance, Sushi, SunSwap, and APESwap which have monthly active users of 104K, 104K, 102K, 96K, and 201K respectively. However, these rankings are organized using data from DAppradar, a platform that is used to discover decentralized applications on the blockchain.
Cryptocurrency
