🚀 Web3 user engagement is soaring! Q2 2024 saw a record 10M daily unique active wallets (dUAW), up 40% from Q1.

🔥 Social dApps and NFTs led the charge with a 66% rise in dUAW. Blockchain gaming also saw a user boost, though market share dipped a bit.

💰 DEXs like Uniswap and Raydium saw user activity skyrocket, thanks to meme coin traders. NFT marketplaces also had a banner quarter, with $4B in trading volume.

📉 Despite this, DeFi apps saw a $7B drop in total value locked (TVL). But Ethereum layer-2 solutions Linea and Base bucked the trend, with TVL surges of 420% and 44% respectively.

🔒 Security remains a concern, with $430M lost to breaches in Q2. Access control issues accounted for 75% of total funds lost.

What do you think about this growth? Is it sustainable? Let's chat in the comments! 🗨️ #Web3 #DeFi #DAO #Layer2