Decentralized applications (dApps) saw a massive 70% increase in daily unique active wallets (UAW) from Q2 to Q3, reaching an all-time high of 17.2 million, according to DappRadar's Q3 report. Reached.
Applications related to artificial intelligence (AI) were the standout performers among various verticals within the dApp industry last quarter, with an average of nearly 4.3 million UAW per day and 71% growth over the quarter. has been achieved.
The report identified data processing layer DIN and decentralized AI data platform Alaya AI as key players driving the surge in usage in the AI ​​field.
Additionally, it was suggested that this trend highlights the growing excitement around AI technology and its integration into the blockchain industry.
Game advantage decreases
In terms of user activity, the gaming sector remains the most dominant. However, its share of the overall dApp market declined slightly, from 28% to 26% on a quarterly basis. The report notes that this may be due to users moving towards more innovative applications such as AI and social platforms.
Toncoin-based gamified wallet HOT Game was the most active dApp, collecting 1.64 million UAW in Q3. Ronin-based Pixels, on the other hand, was the fifth largest dApp by usage, reaching 656,000 UAW, and the only pure gaming title among the five most used. Last quarter application.
The social dApp sector accounted for 19% of all activity in Q3, with modular data layer CARV representing 1.24 million UAW, making it the most active social dApp during the period.
DEX growth
The DeFi ecosystem's total value locked (TVL) fell 12% in the third quarter, going from over $150 billion to nearly $133 billion by the end of September.
The report highlighted that decentralized exchanges (DEXs) Radium and Uniswap achieved significant growth despite the decline in TVL, especially due to memecoin trading.
Solana-based Raydium recorded 1.18 million UAWs per day last quarter, while Uniswap recorded 459,000 UAWs per day across V2 and V3 during the same period.
Jupiter Exchange added DEX activity in Q3, registering 216,000 UAWs daily, becoming the third largest DeFi application by user engagement.
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