Dapps : DappCom report on DeFi surge

09 Oct 2019 by rate3

On October 7 DappCom published on its site the messy report, full of bright colors and oscillating lines. It contains, however, information which is hard to get from other sources.

Citing: "Dapps that built on 6 mainstream blockchains (Ethereum, EOS, Steem, Tron, TomoChain, IOST) have performed a total transaction volume of $2.03 billion in Q3, dropped by nearly 40% compared to Q2 ($3.28 B)."

At the same time: "DeFi has gained huge growth in Q3 - over 525 million USD was performed by Finance services dapps in this quarter. And the Ethereum DeFi dapps contributed over 88% of the total volume under the Finance Sector."

Looks like Ethereum DApps were the biggest winner and a looser at the same time. Most of Q2 to Q3 volume drop can be seemingly accounted (as I've said this report is a mess) to Ethereum loosing all of its Q2 active users (80,000?) while acquiring more than 130,000 in DeFi.

Citing: "Less than 150 new dapps were launched in Q3. Less than the monthly average of the 1st half of 2019. (164.6 New dapps per month in the first half of 2019.)"

DeFi is now the second largest category of Dapps after gaming, still dominating by Tron. Overall, it seems that people have almost stopped coding and now are focused instead on speculations, only interrupted by night gaming orgies.