[FLASH REPORT] The most popular DeFi dapps right now
DappRadar has prepared a report of the most trading DeFi dapps right now.
Within this review, we will investigate the activity trends of 1inch, Synthetix, and Aave and how each dapp is affecting the DeFi ecosystem.
Key takeaways
- 1inch is currently the number one dapp in the DeFi category by daily active wallets.
- Synthetix daily active wallets grew by more than 100% this year with stable month-on-month growth resulting in Synthetix currently being second in the category.
- The SNX token grew by 170% in 2020. with an all-time high in July of more than $3.80.
- The biggest percentage of growth is held by lending protocol Aave. Aave’s daily active wallets increased by 1,886% in 2020.
- The LEND token increased by 1,651% in 2020 with an all-time high in July of more than $0.3.