Inaugural BNB chain debate competition announced for January | Daily News Byte

Inaugural BNB chain debate competition announced for January

 | Daily News Byte

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Which dApps in the Arbitrum One ecosystem attracted the most users in the last 30 days? Read this article to know about the most popular dApps:

The Arbitrum ecosystem is gaining momentum

Ethereum’s layer-two blockchain Arbitrum One currently has one of the most active ecosystems in crypto right now, attracting more funds to the chain even while most sectors remain depressed.

Here are the top five most popular Decentralized Applications (dApps) on Arbitrum, in terms of unique active wallets (UAVs) that have interacted with the protocol in the last 30 days, according to DappRadar.

1. Galka

Galke, a Web3 credential data network, is currently the leading Dapp on Arbitrum, attracting more than 175,000 UAVs in the last 30 days.

Arbitrum accounts for about 25% of Galke’s UAV in nine blocks, including the BNB chain and polygon.

2. Stargate finances

More than 90,000 UAVs have interacted with the Stargate Finance omnichain bridging protocol on Arbitrum in the last 30 days.

Activity on Arbitrum accounts for nearly half of Stargate’s UAV across seven blockchains, including Ethereum and the BNB chain.

3. Uniswap V3

It’s probably no surprise that Ethereum is the main one Decentralized Exchange (DEX) Uniswap ranks high on this list, with just over 90,000 UAVs on Arbitrum in the last 30 days.

Uniswap is also one of the best Decentralized Finance (DeFi) protocols on Arbitrum with nearly $80 million in Total Value Locked (TVL), according to DefiLlam.

4. GMKS

Similarly, people familiar with Arbitrum will recognize the decentralized spot and permanent exchange GMKS as one of the top blockchain dApps, attracting more than 80,000 UAVs in the last 30 days.

GMKS is the dominant DeFi protocol on Arbitrum, with its $725 million TVL accounting for more than 42% of the chain’s total TVL, according to DefiLlam.

5. OpenSea

Crypto top Non-Fungible Token (NFT) Marketplace, OpenSea, rounds out our list with more than 30,000 UAVs on Arbitrum. That’s a 50% increase in the number of users compared to the previous month.

Activity on Arbitrum accounts for less than 10% of OpenSea’s UAV across eight blockchains, including Ethereum and of course the recently integrated BNB chain.

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