DappRadar

To date (Dec, 2022) , DappRadar is the biggest Web 3.0 dApp distribution platform, with more than half a million people using it on a monthly basis. The whole project was founded in 2018 and now, 71 employees are overseeing it from their headquarters in Lithuania, EU.

dApps

The website allows you to discover dApps by sorting them by a variety of rankings. You can either sort them according to the blockchain you want to see (e.g., Ethereum or Solana) or by categories like games, DeFi, exchanges, social, collectibles and so on. Every dApp is described by a specific metric (UAW - Unique Active Wallets), which shows you the number of wallets interacting with the dApp, the volume, the value of the tokens transferring in and out of the smart contracts of the specific dApp, and finally, the balance, which shows you the total value of the tokens stored in the dApp’s smart contracts. When choosing a specific dApp, you can also see a brief bit of information about the application, its social media and its financial stats.

NFT

If you are more into art rather than applications, you can use DappRadar to discover the newest and most aesthetically pleasing NFTs. DappRadar allows you to sort a huge number of NFTs as you wish, while also showing you the financial side. That means you can, for example, see the total volume or number of traders for the NFT of your choosing.  It also has a special app called NFT Explorer, which allows you to explore and further analyze NFT collections running on Ethereum. The site also estimates the price of NFTs thanks to a machine learning algorithm.

DeFi

People who are interested in DeFi will find the website useful as it shows you some interesting data that can be used when you want to invest your money in DeFi. You can sort DeFi applications by TVL (Total Value Locked), market cap, aTVL (adjusted Value Locked – a category invented by DappRadar itself, which shows you TVL measured by steady token price) and market cap / TVL. As well as all that, on the list of DeFi dApps, you can also see the token price.

DappRadar also shows a list of tokens, their actual prices, volume and market caps. On the website, you can also find a Token Swap, which so far supports only three networks – Ethereum, BNB Chain and Polygon. There are no fees and you can swap your tokens (you must have a wallet connected to the website). If you connect your wallet to DappRadar, you will gain access to your DappRadar portfolio, which will show you how much money you have in your connected wallet. Right now, the portfolio will just show all your assets on Ethereum, BNB Chain and Polygon, but support for more blockchains should be coming in the future. Finally, you can use DappRadar to find out whether there are any airdrops scheduled.

DappRadar is available on every browser, but you can also download it on your Android or iOS mobile phone. To fully use the site, you need to create an account, which you can do by connecting a digital wallet (to date, MetaMask, WalletConnect or Coinbase Wallet), with your email address, or with a Facebook or Google account.

PROs

• Provides a huge amount of information in one place - on one website, you can see information about dApps, DeFi, NFTs, tokens and much more, all well organized
• Free to use – you do not have to pay for anything
• User-friendly – the website itself is well organized, everything is clearly described, and it is really easy to use
• Trustworthy – DappRadar has a long history, and it is trusted by the crypto community
• Mobile app – as most people take their phones everywhere, you can use it to control the crypto market from almost every place on Earth

CONs

• Most dApps are only described briefly
• Most data is provided without further research

People who are new to crypto might appreciate the FAQ section, which will answer most of their questions and guide them on their way to using DappRadar. If you are really interested in the crypto world, you should not miss out on looking at the DappRadar blog which may well become one of your go-to sources to find out what’s happening.