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Dapp Radar Releases 2023 Report, "Number of Unique Active Wallets Using Dapps Increased 124% Last Year"

Dapp Radar Releases 2023 Report, "Number of Unique Active Wallets Using Dapps Increased 124% Last Year"

According to the 2023 Dapps Industry Report released by DAPP RADAR, a dapps market data platform, on the 11th (local time), "The number of unique active wallets using dapps grew 124% last year compared to the previous year. The average number of active wallets per day was about 4.2 million."

Here are the highlights of the report.

Dapps 2023 report Radar 124% Increased Wallets (SpotedCrypto)
  1. A 124% year-over-year increase in the number of unique active wallets (UAWs) in the dapp industry, with an average of 4.2 million UAWs per day.
  2. 166% year-over-year increase in new wallets trading and using NFTs. Increased interest in NFTs.
  3. Blockchain-based games averaged 1.1 million UAWs per day. Highest DApp activity with 34% share.
  4. New wallets created: NEAR, Klaytn (KLAY), and Avitrum (ARB). Harmony (ONE), Solana (SOL) and Hive (HIVE) saw a decline in user interest.
  5. 2,984 new dapp listings on the DappRadar platform in the past year. The most visited dapp was Alien Worlds.
  6. PancakeSwap (CAKE) surpassed 860,000 monthly UAW. The most used dapp in the DeFi category.
  7. Weak NFT prices. NFT trading volume fell 49% year over year to $12.6 billion. NFT sales volume increased 445% year over year.
  8. BLUR leads NFT marketplaces with 56% annualized market share. OpenSea leads with 280,000 average monthly active traders.
  9. Losses from hacks and exploits fell 96% year over year to $1.9 billion. Security incident frequency increased 17.3%.