Uniswap has cemented its arena as the pinnacle decentralized software (DApp) on the Polygon network, processing $539.55 million in shopping and selling quantity over the past week. This significant exercise areas the appreciated decentralized commerce effectively earlier than different DApps relating to weekly quantity, indicating its stable user unhealthy and liquidity on the Polygon blockchain.
Following Uniswap, Polymarket emerged as the 2d most energetic DApp, with a $370.92 million weekly quantity and the very very finest amount of weird energetic wallets (UAW) at 64.13K. QuickSwap, another decentralized commerce, held the third arena, attaining $301.73 million weekly quantity with 14.74K UAW, showcasing its ongoing relevance within the Polygon DeFi dwelling.
TOP #POLYGON DAPPS BY WEEKLY VOLUME
#Uniswap #Polymarket #QuickSwap #ParaSwap #1inch #GammaStrategies #Odos #StargateFinance #JumperExchange #WOOFi pic.twitter.com/1VCUfmvoba— PHOENIX – Crypto Files & Analytics (@pnxgrp) October 11, 2024
DApps Displaying Deliver Likely Irrespective of Lower Quantity
In step with PHOENIX, whereas Uniswap, Polymarket, and QuickSwap led in shopping and selling volumes, different DApps on the checklist posted extra modest figures. ParaSwap recorded $66.95 million, whereas 1 travel adopted with a weekly quantity of $22.07 million. Gamma Methods managed $16.95 million regardless of participating correct 97 weird wallets, demonstrating high sensible transaction values per user.
Quite a lot of DApps, corresponding to Odos, Stargate Finance, Jumper Alternate, and WOOFi, exhibited growth possible regardless of having lower shopping and selling volumes than the leading projects. Their engagement metrics, with weird energetic wallets starting from 467 for WOOFi to 9.55K for Jumper Alternate, underscore the vary and expanding ecosystem of Polygon’s decentralized finance (DeFi) choices.
The most contemporary data emphasizes Uniswap’s dominant role in driving shopping and selling exercise on the Polygon network, with over half of a billion greenbacks in weekly quantity. The upward thrust in shopping and selling volumes across various DApps indicates growing adoption and a flourishing DeFi panorama throughout the Polygon ecosystem, as every established and emerging projects vie for user attention and liquidity.
