Comparing DAPPS By Traffic And Volume : CryptoCurrency
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Comparing DAPPS by Traffic and Volume : CryptoCurrency
DAPPS, or decentralized applications, are software programs that run on a distributed network of nodes without relying on a central authority or intermediary. DAPPS can offer various benefits such as censorship resistance, transparency, security, and user control. However, not all DAPPS are created equal, and some may have more advantages than others in terms of popularity, usability, and profitability. In this article, we will compare some of the most popular DAPPS in the crypto space by their traffic and volume metrics, and see how they stack up against each other.
Traffic
Traffic refers to the number of unique visitors or users that access a DAPP over a given period of time. Traffic can indicate how much interest and demand there is for a DAPP, as well as how well it is marketed and promoted. However, traffic alone does not necessarily reflect the quality or utility of a DAPP, as some users may only visit once and never return, or may use multiple accounts or bots to inflate the numbers.
According to DappRadar, a website that tracks and ranks DAPPS based on various metrics, the top 10 DAPPS by traffic in the last 30 days (as of April 19, 2023) are:
PancakeSwap: A decentralized exchange (DEX) that allows users to swap tokens, provide liquidity, stake, farm, and participate in lotteries on the Binance Smart Chain (BSC) network. It has over 3.7 million users in the last 30 days.
Uniswap: A DEX that allows users to swap tokens, provide liquidity, and earn fees on the Ethereum network. It has over 1.9 million users in the last 30 days.
OpenSea: A marketplace that allows users to buy, sell, and trade non-fungible tokens (NFTs), such as digital art, collectibles, games, and domains on the Ethereum network. It has over 1.3 million users in the last 30 days.
Axie Infinity: A game that allows users to breed, battle, and trade cute creatures called Axies on the Ethereum network. It has over 1.2 million users in the last 30 days.
Rarible: A platform that allows users to create, sell, and collect NFTs on the Ethereum network. It has over 900 thousand users in the last 30 days.
QuickSwap: A DEX that allows users to swap tokens, provide liquidity, and earn rewards on the Polygon network. It has over 800 thousand users in the last 30 days.
Alien Worlds: A game that allows users to explore, mine, and battle on different planets on the WAX network. It has over 700 thousand users in the last 30 days.
Splinterlands: A game that allows users to collect, trade, and battle with cards on the Hive network. It has over 600 thousand users in the last 30 days.
CryptoPunks: A project that allows users to buy, sell, and trade pixelated characters on the Ethereum network. It has over 500 thousand users in the last 30 days.
Decentraland: A virtual world that allows users to create, explore, and interact with others on the Ethereum network. It has over 400 thousand users in the last 30 days.
Volume
Volume refers to the amount of value or money that is exchanged or transacted on a DAPP over a given period of time. Volume can indicate how much aa16f39245