{"id":31941,"date":"2020-11-18T11:28:00","date_gmt":"2020-11-18T09:28:00","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=31941"},"modified":"2025-08-28T06:12:55","modified_gmt":"2025-08-28T03:12:55","slug":"active-users-of-ten-popular-ethereum-dapps-surpass-1-million","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/active-users-of-ten-popular-ethereum-dapps-surpass-1-million\/","title":{"rendered":"Active users of ten popular Ethereum dapps surpass 1 million"},"content":{"rendered":"

Decentralized applications on the Ethereum network over the last 30 days attracted more than 1 million active users. Such data come from analytics platform DappRadar<\/a>.<\/p>\n

This milestone was achieved thanks to revival<\/a> in the DeFi sector.<\/p>\n

Six of the ten most popular dapps are DeFi protocols with a combined trading volume of more than $21 billion over 30 days.<\/p>\n

\"The<\/p>\n

\"The<\/p>\n

Source: DappRadar.<\/p>\n<\/div>\n

The number of active users of DeFi Swap from Crypto.com totaled 512.52k, Uniswap and Compound 276.76k and 144.82k respectively. The other seven dapps in the Top 10 did not exceed 30k users.<\/p>\n

The figures above may be imprecise, as a single DeFi user may create several addresses and interact with multiple protocols in a month.<\/p>\n

According to Dune Analytics, this sector counts 901,110 unique addresses.<\/p>\n

\"The<\/p>\n

Source: Dune Analytics.<\/p>\n<\/div>\n

Two non-DeFi apps in the Top 10 \u2013 Forsage and HEX \u2013 are marked by DappRadar as high-risk. The group that includes the NFT token marketplace Rarible and the Axie Infinity game, built on it, generally demonstrates greater user-base resilience, as it is less dependent on asset price swings.<\/p>\n

Analysts at Coin Metrics determined that the DeFi sector frenzy in September, evident as an increase in active addresses of over 180 thousand, was the result of an Uniswap token airdrop<\/a>. Since then, the number of daily active users of this DEX has not exceeded 5,000.<\/p>\n

\"The<\/p>\n

Source: Coin Metrics.<\/p>\n<\/div>\n

Excluding Uniswap from the sample, the overall number of DeFi-sector users still has not returned to September’s peaks due to the surge and fall of audience Sushiswap<\/a>.<\/p>\n

\"The<\/p>\n

Source: Coin Metrics.<\/p>\n<\/div>\n

According to Glassnode, the total number of Ethereum network users in October stood at 5.9 million.<\/p>\n

\"The<\/p>\n

Source: Glassnode.<\/p>\n<\/div>\n

Earlier, Uniswap lost leadership in the DeFi Pulse ranking by total value locked (TVL).<\/p>\n

Subscribe to ForkLog news on Facebook<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

Decentralized applications on the Ethereum network over the last 30 days attracted more than 1 million active users. The data come from the analytics platform DappRadar.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[73,1093,46],"class_list":["post-31941","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-dapps","tag-defi","tag-ethereum"],"aioseo_notices":[],"amp_enabled":true,"views":"33","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/31941","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=31941"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/31941\/revisions"}],"predecessor-version":[{"id":31942,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/31941\/revisions\/31942"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=31941"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=31941"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=31941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}