Moonwell DeFi Hits New User Milestone on Base
Moonwell DeFi Hits New User Milestone on Base
🌙 Base's New DeFi Champion?
Moonwell DeFi reached a record 3.72K unique active wallets on Base, marking significant growth for the lending platform. The protocol bridges traditional and blockchain finance through:
- Card services and virtual checking accounts
- Seamless fund transfers between traditional and crypto
- Smart contract infrastructure
This follows their earlier milestone of 221K total users and 1.8M transactions since launch, averaging 3.7K daily transactions.
Key metrics:
- Current: 3.72K daily active wallets
- Historical: 221K total users
- Volume: 1.8M total transactions
Morpho is showing strong traction this week with nearly 8k unique active wallets and 9.2k transactions over the past 7 days 📈 Despite a 34% drop in incoming volume, Morpho still ranks as the #2 global dapp by volume, which proves that onchain activity remains strong.
Over the past 30 days, @Coredao_Org saw a 25% rise in unique active wallets - showing rising activity on the chain 🧐 Last month, 5 dapps managed to stay above 500K UAW, proving a loyal user base: @thepixudi, @worldofdypians, @PlayZapGames, @Dmailofficial, and @FlappyCore.
The @BNBCHAIN ecosystem has been gaining serious traction over the past 30 days 📈 With 2.69M unique active wallets and $63M+ in dapp volume, user activity is clearly on the rise. Momentum looks strong across both DeFi and NFTs 👀
Layer3 just hit 111k UAW yesterday and is still holding strong above 100k today 📈 This two-week rise has been fueled largely by the @EspressoSys campaign, which has already attracted 469k participants. If that many are jumping into the quest, something big is clearly brewing 👀
Gaming still leads Web3, but just by an inch 🎮 Gaming remains the most active dapp category, but competition is heating up quickly. Read on to find out what’s trending, growing and coming up. Check the highlights below, or dive into the full report 👇 dappradar.com/blog/dappradar…
Yesterday, @MoonwellDeFi hit a record 3.72K unique active wallets on @base 📈 This flexible lending platform is gaining traction by bridging the onchain and real world. It offers services such as cards and virtual checking accounts that allow users to seamlessly move funds 💱
The dapp industry showed strength in May 💪 Daily activity grew, and DeFi TVL rose 25% as markets regained confidence. NFTs bounced back, and the industry is shifting from hype to utility. Read the thread for key highlights or check the full report 🧵 dappradar.com/blog/dapp-indu…
AI Nexus Mobile Platform Launches on MultiversX with Strong Initial Adoption
AI Nexus has released its AI-powered mobile platform on both iOS and Android platforms. The application has attracted 7,890 unique wallet connections in its first five days, positioning it as a leading dapp in the MultiversX ecosystem. The platform aims to integrate: - AI-powered creation tools - Digital asset ownership - Economic features This launch follows their December 2024 token introduction, which included app-specific tasks and A1X token reward incentives. Track the project's development at [DappRadar](http://dappradar.com/dapp/ai-nexus)
DappRadar Launches Real World Assets (RWA) Tracking Page
DappRadar has launched a new RWA Narrative Page to help users monitor the growing Real World Assets trend in Web3. Key highlights: - RWA TVL grew by $3.3B over the past year - Page tracks total TVL trends across different chains - Features categorized views for bonds, stocks, and treasuries - Helps users discover TradFi exposure opportunities in Web3 The new tracking tool provides comprehensive insights into protocols, tokens, and market trends in the RWA space. [Check out the RWA Narrative Page](https://dappradar.com/narratives/rwa)
DappRadar's 18th Boosting Cycle Winners Announced
DappRadar has completed its 18th Boosting Cycle, highlighting three standout projects with strong community support: - 🥇 MemeFighter AI - 🥇 BNB Mafia - 🥇 Mento Labs Winners receive premium visibility benefits including: - Homepage spotlight placement - Newsletter features - Social media promotion - Exclusive user engagement quests Community members can participate by: 1. Earning Boosting Power (BP) through quests 2. Staking $RADAR tokens 3. Using BP to support favorite projects [Explore winning projects](https://dappradar.com/rewards/quest/explore-dappradar-s-18th-cycle-winning-dapps) [Join the next cycle](https://dappradar.com/boosting)
The Arena SocialFi App Dominates Avalanche Network Activity
The Arena, a SocialFi application on Avalanche, has captured 32% of all unique active wallets on the network over the past 30 days. The platform combines: - Creator-focused monetization through content shares - New memecoin launch platform - Multi-chain expansion across Manta, Skale, and Linea - Over 1 million user transactions last month The platform's growth stems from its comprehensive offering: - **For Creators**: Reduced development costs and advanced blockchain tools - **For Users**: Diverse game library and lower transaction costs Track The Arena's metrics on [DappRadar](https://dappradar.com/dapp/the-arena/)