Krutika Adani
Ethereum’s DApp volume has surged 83% despite a fall in crypto markets.
59% of the surged volume came from a single DApp, the Balancer, a DeFi liquidity protocol.
If we keep this single protocol aside, DApp volumes have actually shrunk by 5% in the last week.
Dapp fees on Ethereum contribute a critical portion of its revenue.
Ethereum has about 4700 DApps on its chain, with the top ones being Uniswap, 1inch and MetaMask.