Analysis of The Top dApps
Top dApps ranked by Users in the last 24 hours, reveal that PancakeSwap takes the top spot with a 221.8K user base that has been growing by 8.07%. Upland has the second biggest user count - 13.1K users with a dip of -3.55%. In the third spot is X World Games with 12.9K users.
Filtering Top dApps by Balance reveals that in the last 7-day period, Alcor.exchange had the highest value of assets - $1.2T. According to the data crawled, the second biggest Balance is held by tipit with $565.7B, and the third one is CPUbaole with the Balance of $192.1B.
After filtering Top dApps in the category by Volume, MakerDAO is clearly bullish with a 17.77% increase & takes the first place with the Volume of $10.1B in the last 30 days. PancakeSwap has a Volume of $2.8B, and is second with a 14.39% spike. In the 30-day time window, the third spot is taken by 1inch Network with a dipping $1.7B Volume.
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Why is it worth tracking the top Crypto dApps?
There are multiple benefits for tracking all of the top Crypto dApps. Firstly, you’ll be able to view and understand the market trends, and see what’s popular at any given point in time. This, in turn, can be some really useful information for anyone who’s looking to make successful decisions. Tracking these dApps will also allow you to become more knowledgeable about the dApp space, in general!
What sort of information on the top Crypto dApps can I see with the Crypto Tracker tool?
The Crypto Tracker tool allows you to check the category and protocol of a select specific dApp. Then, you’ll be able to see things such as the balance and volumes of each of the top Crypto dApps, user counts, activity, token prices, market caps, and more. It’s the ultimate tool to track and observe your dApps of choice!
How can I use the BitDegree dApp Tracker?
BitDegree dApp Tracker is a #1 tracking platform where you can easily explore, combine and manage thousands of dApps to stay well-informed & always ahead of the game. By incorporating BDG dApp Tracker into your strategies, you’re able to set events and event notifications, to react and reach your goals according to real-time market conditions. We not only provide statistical analysis but also historical data and experts’ insights for more in-depth knowledge. All these resources are 100% free to use.
What is a dApp?
DApp is a decentralized application that runs on a P2P network, such as a blockchain, and is fueled with tokens. The main difference between dApps and regular applications is that they eliminate middlemen, meaning no one has control over the network and operate on their own. Also, dApps are transparent as data is kept public and smart contracts are open-sourced.
Where can dApps be applied?
DApps can be applied in various online industries, including advertising, gaming, social media, banking, real estate, Internet of Things, elections and voting, and so much more. The utilization of dApps is almost limitless, and their number continues to grow every day, so it’s unclear what more the future will bring. BitDegree approach makes dApp & other blockchain-related information well accessible and easily understandable for everyone globally.
What are the main benefits of dApps?
The main benefit of dApps is that they’re completely free from the control of any single authority and operate by logic of smart-contracts. This means that no individual, no matter how powerful, cannot control the dApp after its smart contract was launched into the blockchain. Moreover, a P2P system ensures that decentralized applications continue to run even if significant parts of the network stop operating. DApps communicate with smart contracts that make the functionality and integration of cryptocurrencies effortless.