According to Dapp Radar’s Q3 report, daily unique active wallets (UAW) for decentralized applications (dApps) grew 70% between Q2 and Q3 to reach an all-time high of 17.2 million.
Applications related to artificial intelligence (AI) became the leaders among all fields in the dApp industry last quarter, with an average daily UAW of nearly 4.3 million and a quarterly growth rate of 71%.
The report points out that data processing layer DIN and distributed AI data platform Alaya are the main players driving the surge in the use of artificial intelligence.
In addition, the report also pointed out that this trend also indicates that AI technology and its integration with the blockchain industry are gaining increasing attention.
The gaming sector remains the most dominant sector in terms of user activity. However, its overall share of the dApp market has slightly decreased, from 28% to 26% on a quarterly basis.
The report noted that this may be due to users turning to more innovative applications such as artificial intelligence and social platforms.
Toncoin-based gaming wallet HOT Game was the most active dApp, gathering 1.64 million UAWs in Q3, while Ronin-based Pixels was the fifth most-used dApp, reaching 656,000 UAWs, making it the only pure gaming app among the top five apps in terms of usage last quarter.
The social dApp sector accounted for 19% of all activity in Q3, with modular data layer CARV having a UAW of 1.24 million, making it the most active social dApp of the quarter.
In the third quarter, the total value locked (TVL) in the DeFi ecosystem fell by 12%, and by the end of September, the field of more than $150 billion had only nearly $133 billion.
The report highlights that decentralized exchanges (DEXs) Raydium and Uniswap have achieved significant growth despite declining TVL, particularly driven by memecoin trading.
Solana-based Raydium had a daily UAW of 1.18 million last quarter, while Uniswap had a daily UAW of 459,000 for V2 and V3 during the period.
Jupiter Exchange increased DEX activity in the third quarter, with an average daily UAW of 216,000, becoming the third most engaged DeFi application.
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