Top 10 Most Popular dApps in Cryptocurrency for December 2021

Dapps are decentralized applications that live on the blockchain. They can feature exchanges, games, marketplaces, social platforms, and more. Several platforms are available to deploy dApps on, including Ethereum, Polygon, Solana, Avalanche, etc. This article lists the top 10 most popular dApps by userbase on the market right now, ordered by 30-day user activity, lowest to highest.

10. CryptoMines (BSC) – 305k

CryptoMines is a SciFi Play-to-earn NFT game built on the Binance Smart Chain. It provides players with a fun Metaverse experience, allowing users to collect Workers and Spaceships and travel through the universe searching for ETERNAL, a mineral allowing players to live another day and make profits along the way.

According to their official whitepaper:

“CryptoMines aims to be the greatest SciFi game on the blockchain while letting their users enjoy being a part of a vast universe, the thrill of strategic gameplay, and of course, earn $ETERNAL.”

Not only is the game deployed on the Binance Smart Chain, but it’s also compatible with Web3 wallets like MetaMask, making it extremely easy for anyone to start playing the game. Furthermore, all assets in the game are player-owned, with the NFTs minted in the ERC-721 standard, allowing the collectibles to be traded on marketplaces and between players.

At the time of writing, CryptoMines is the second most popular dApp on the Binance Smart Chain and the tenth most popular dApp on the market.

CryptoMines’ ETERNAL token has a market cap of $12 million, with a circulating supply of 3.6 million. You can purchase ETERNAL on PancakeSwap, MEXC, LBank, Biswap, and more.

9. Raydium (SOLANA) – 309k

Raydium is one of Solana’s top decentralized exchanges. It provides light-speed swaps, next-level liquidity, and friction-less yield farming.

At the time of writing, Raydium’s 24-hour trading volume is over $116 million, with a total value locked of over $1.6 billion.

Similar to other decentralized exchanges like Uniswap and PancakeSwap, Raydium allows for an easy and cheap way to exchange various cryptocurrencies. In addition, Raydium has highly competitive Yield Farming options, some generating over 300% in APY.

Raydium also has a cryptocurrency called RAY used for trading, liquidity, yield farming, and much more. RAY has a market cap of $564 million at the time of writing.

You can purchase RAY on FTX, Binance, Gate.io, Kraken, Raydium, and more.

8. Bomb Crypto (BSC) – 359k

The most popular dApp on the Binance Smart Chain, and the eighth-most popular dApp on the market, Bomb Crypto, is a Play-to-Earn NFT game. It allows users to manage bomber heroes, explore their Metaverse, and defeat monsters and bosses to get rewards.

Users can earn NFT items simply by playing the game. They can then sell the NFT items on the marketplace to make money.

Bomb Crypto native token is called BCOIN and can be purchased on PancakeSwap. To start playing the game, players must buy 1 Bomb hero, which costs 10 BCOIN, roughly $50 at the time of writing.

As the most popular Metaverse project on the Binance Smart Chain at this time, Bomb Crypto is an excellent option for those looking to get their foot in the door with NFTs and crypto gaming.

The relatively low entry cost of $50 is much more reasonable than some other projects that require a minimum of $1000 investment just to get started.

7. Trader Joe (AVALANCHE) – 375k

The most popular decentralized exchange on the Avalanche network is Trader Joe XYZ. With over 373k monthly users, it’s by far the most popular dApp on Avalanche and the seventh most popular dApp overall.

Along with a full-fledged exchange, Trader Joe provides Lending, Farming, and Staking options for users. Moreover, with DEX and DeFi services, Trader Joe can provide leverage trading to its users.

Trader Joe provides the highest APR for its native token, JOE. Currently, Trader Joe is offering a 35% APY on staking, which is possible with their increasing userbase and daily buybacks.

At the time of writing, the 24-hour trading volume for TraderJoe is $500 million, with some of its highest trading pairs being Magic Internet Money, USD Coin, Wrapped AVAX, WETH, and JOE.

6. Uniswap (ETH) – 403k

Uniswap is the top decentralized exchange on the Ethereum platform, boasting over 400k users in the past month. Uniswap is also the leading decentralized exchange on the market, with over $681 billion in trading volume since its inception.

Uniswap is one of the highest integrated exchanges, with over 300+ apps in its ecosystem. As one of the pioneers in DeFi, Uniswap set the standard for future DEXs.

Since its inception, Uniswap went through various iterations, each improving the infrastructure of the exchange, allowing for lower trading fees and higher earning potential for liquidity providers. Currently, Uniswap is on its third version, called Uniswap V3.

Uniswap also has a native token for the exchange called UNI. Similar to Raydium’s RAY token, UNI is used for governance and can be freely traded on the market.

At the time of writing, UNI is trading at $14, with a market cap of $8.8 billion. Its 24-hour trading volume is $241 million, with a circulating supply of 627 million tokens.

You can purchase UNI on Binance, Huobi Global, Coinbase Exchange, FTX, Gate.io, Uniswap, KuCoin, Crypto.com, and much more.

5. Katana (RONIN) – 405k

Katana is the leading decentralized exchange on the Ronin blockchain. Ronin is an Ethereum sidechain developed specifically for Axie Infinity. Axie Infinity is one of the most popular blockchain-based games currently available on the market.

The Katana DEX offers similar options to Uniswap, enabling users to Swap, Pool, and Yield Farm using various cryptocurrencies. Some of the most popular trading pairs on Katana are Ronin Wrapped Ether, Axie Infinity Shard, Smooth Love Potion, and USD Coin.

At the time of writing, Katana has over $1.17 billion in liquidity locked with a 24-hour trading volume of around $38.85 million.

4. Splinterlands (HIVE, WAX) – 663k

Splinterlands is a collectible trading card game built on the Hive and WAX platforms. WAX stands for the Worldwide Asset Exchange and hosts many Play-to-earn blockchain-based games. Hive is a next-generation fast and scalable blockchain meant for Web3.

Splinterlands is one of the most popular blockchain games on the market, with over 663k users interacting with the app in the past 30 days.

The game also has a token called Splintershards (SPS), which is used as the native currency in the game. At the time of writing, SPS is trading at $0.27, with a 24-hour trading volume of $2 million. Its market cap is $88 million, with a circulating supply of 326 million SPS.

You can purchase SPS on Gate.io, LBank, PancakeSwap, MEXC, Sushiswap, and more.

3. Axie Infinity (RONIN, ETH) – 829k

Axie Infinity is an NFT-based blockchain game developed by Sky Mavis, a Vietnamese game development company. It’s one of the most popular blockchain-based games boasting over 829k users over the past month.

It features an ERC-20 token – AXS – used as currency on the Axie Infinity platform. AXS allows you to interact with the platform, buy, sell and trade Axies.

Axies are monsters with specific traits and can be upgraded or traded. Players can use their Axies to battle other players in an arena and earn rewards.

Axie Infinity has some of the best designs from all the Metaverse projects I’ve seen. Their highly active marketplace is a big reason AXS has over $323 million in trading volume alone over the past 24 hours.

With their highly anticipated Axies Battles V2 in 2022, this project could easily double in valuation next year. Worth keeping an eye on.

2. Alien Worlds (WAX, BSC) – 1.58M

Alien Worlds features a decentralized Metaverse connected to Ethereum, WAX, and Binance Smart Chain. It’s currently one of the most popular blockchain-based NFT games on the market, reaching over 1.58 million users last month.

Alien Worlds allows players to lease spacecraft and send them on missions to discover the Metaverse. As players embark on their 2055 adventure, they can come across Trillium. TLM incentivizes players to play the game as it has real-world value.

Players can travel to various planets, all separate Decentralized Autonomous Organizations (DAOs). These DAOs receive daily Trillium through the smart contracts, and players can also receive a portion of the TLM if they are a part of that planet’s DAO.

At the time of writing, TLM is trading at $0.21, with a 24-hour trading volume of $195 million. Its circulating supply is 914 million TLM, with a market cap of $195 million.

You can purchase TLM on Binance, KuCoin, Gate.io, FTX, Poloniex, Binance TR, MEXC, LBank, and more.

1. PancakeSwap (BSC) – 4.72M

It is no surprise that PancakeSwap is the most popular dApp in cryptocurrency. PancakeSwap is a decentralized exchange built on the Binance Smart Chain.

Since the exchange is built on the Binance Smart Chain, this means PancakeSwap can offer significantly lower fees when it comes to trading cryptocurrency. Reasonable fees are why PancakeSwap has more users than Uniswap, which has ridiculous fees due to Ethereum’s network congestion.

Similar to Raydium and Uniswap, PancakeSwap has its token called CAKE. Users can use this token to Yield Farm to provide liquidity and trade it on the open market.

At the time of writing, CAKE is trading at $11 with a 24-hour trading volume of $169 million. Its market cap is $2.7 billion, with a circulating supply of 248 million tokens.

You can purchase CAKE on Binance, KuCoin, Bybit, Gate.io, Bithumb, Poloniex, PancakeSwap, and more.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency.

Follow us on Twitter @themerklehash to stay up to date with the latest cryptocurrency news!

Data Source: Dapp Radar

The post appeared first on The Merkle

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