DeFi And Social dApps See Significant Growth In August

According to Odaily, a report from DappRadar reveals that the number of daily unique active wallets (dUAW) for DeFi and social decentralized applications (dApps) saw a significant increase in August. The average dUAW across the entire dApp industry reached a record 17 million, marking a 9% rise from the previous month. Decentralized exchanges Raydium and Uniswap v2 were among the most active applications in the blockchain sector during August, with 18.8 million and 4.8 million monthly unique active wallets, respectively. This made them the second and fourth most active applications in the blockchain space for the month. Social dApps accounted for 23% of the industry, with 3.9 million dUAW in August, coming in just behind gaming applications, which held a 24% share.