DappRadar

February Dapp Industry Report The<a href="https://dappradar.com/industry-overview" rel="noopener noreferrer nofollow"> dapp industry</a> experienced a slight slowdown in February 2023, with an average of 1.6 million daily Unique Active Wallets (dUAW) interacting with dapps contracts. This implies a decrease of 10.54% from January 2023. This decline is consistent with previous years, as February typically tends to be a slow month. It would appear that the blockchain industry did not attract new users during this period. Key Takeaways<ul><li>The industry’s number of daily Unique Active Wallets dropped 10% to 1.6 million per day</li><li>The activity dominance of the DeFi sector grows to 24%, while gaming saw a decline and now sits at 45.43%.</li><li>DeFi’s TVL increased by 7.70%, reaching $81 billion.</li><li>NFT trading volume spikes to $2 billion for the first time since last May, up 117% from the previous month, with 6.3 million sales count.</li><li>Blur dominates the NFT market with $1.3 billion trading volume and 64.8% market share, while Opensea trails behind with $587 million and 28.7% share.</li><li>OpenSea remains the most used marketplace with 317,000 unique traders in February, 227% more than Blur.</li><li>Hackers have managed to exploit dapps and users for a total of $142 million in February.</li></ul>Read the full report &#x1f449; <a href="https://dappradar.com/blog/nft-market-roars-back-from-pre-luna-crash-with-2-billion-in-trading-volume?utm_source&#61;cmc&amp;utm_medium&#61;community&amp;utm_campaign&#61;report" rel="noopener noreferrer nofollow">HERE</a> &#x1f448;

NFT Market Roars Back from Pre-Luna Crash with $2 Billion in Trading Volume

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