DappRadar | Crypto

The platform’s founders reached out through social media and email to say DappRadar would soon stop tracking blockchains and DApps. DappRadar, the analytics platform that provides data on the decentralized application (DApp) industry, said it is ceasing operations seven years after it launched. In a Monday X post, DappRadar founders Skirmantas Januškas and Dragos Dunica said they would be winding down the platform. The pair said that “running a platform of this scale became financially unsustainable in the current environment,” and said it plans to stop tracking blockchains and DApps “in the coming days” as it begins to shut down. The notice said the platform would communicate separately regarding how it would handle its native RADAR token and its decentralized autonomous organization (DAO). The token price fell about 30% immediately following the shutdown announcement, reaching about $0.00072 at the time of publication, according to data from Nansen. Read more

DeFi TVL reached a record $237 billion in the third quarter of 2025, but DApp wallet activity fell 22% as SocialFi and AI DApps lost momentum. The decentralized application (DApp) industry ended the third quarter of 2025 with mixed results, as decentralized finance (DeFi) liquidity surged to a record high while user activity fell sharply, according to new data from DappRadar. In a report sent to Cointelegraph, DappRadar said that daily unique active wallets averaged 18.7 million in Q3, down 22.4% compared to the second quarter. Meanwhile, DeFi protocols collectively locked in $237 billion, the highest total value locked (TVL) ever recorded in the space.  The report highlights an ongoing divergence between institutional capital flowing into blockchain-based financial platforms and the engagement of retail users with DApps. While DeFi TVL reached record levels of liquidity, overall activity lagged, suggesting weaker retail participation. Read more

Base’s 70% NFT trading volume surge to $47 million in the last 30 days puts it above competitors like Immutable and Solana. Coinbase layer-2 network Base took the third spot in non-fungible token (NFT) trading volume after a 70% surge in the last 30 days.  Decentralized application data aggregator DappRadar showed that Base’s NFT volume reached $47.67 million, increasing by 70% over the past month. The increase pushed the network ahead of many competitors in the NFT space, including Immutable zkEVM and Solana, which are ranked fourth and fifth by 30-day volume.  Collections like Get Based, DX Terminal and Based Style collectively recorded about $25 million in NFT trading volume, driving the surge in digital collectible trading activity on the network.  Read more

A huge jump in NFT transactions may be linked to OpenSea's upcoming airdrop of the $SEA token, a new DappRadar report suggests.

NFT lending volumes have collapsed 97% since Jan 2024, falling from nearly $1 billion to $50 million. Analysts trace the slide to fading airdrop incentives and liquidations, yet consider it a maturation phase as protocols cater to long-term collectors and adopt real-world asset collateral. The post NFT Lending Volume Crashes 97% as Sector ‘Matures’, says DappRadar appeared first on Cryptonews.