Dapps that built on 6 mainstream blockchains have performed a total transaction volume of $2.03 billion in Q3, dropped by nearly 40% compared to Q2.
Less than 150 new dapps were launched in Q3. Less than the monthly average of the 1st half of 2019. (164.6 New dapps per month in the first half of 2019.)
The activity of dapp users from all blockchains has also performed a huge drop in Q3 - Only 36% of the dapp user from Q2 used dapps at least once in Q3.
DeFi has gained huge growth in Q3 - over 525 million USD was performed by Finance services dapps in this quarter. And the Ethereum DeFi dapps contributed over 88% of the total volume in the Finance Sector. Finance has become the second-largest category in terms of volume in Q3 2019.
500,000+ new users have accessed to dapps in Q3. Over 138,000 (27.6%) of them started picking up dapps for Finance services and over 170,000 (34%) of them were brought to space by gambling dapps.
Read the full report here
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Hmmm, the year of DeFi
Only on Ethereum though!
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