The number of decentralized applications (dApps) on blockchains continue to rise. Statistics from the dApp directory site, State of the Dapps, shows that each month, more than 100 new dApps launched on blockchains. The more interesting thing than the consistent increase is the transaction volume of dApps, which shows the current trend in the ecosystem.
Ethereum, EOS and TRON dApps by volume
The volume of all transactions to dApp contracts in the last 24 hours is $16,726,317 according to DappRadar, listing Ethereum, EOS and TRON dApps. Ethereum dApps have a daily volume of around 16,500 ETH, which makes $1.98M at $120 ETH.
The rest, $14.7M~ comes from EOS and TRON dApps. More interestingly, top dApp of the EOS and TRON blockchains has more transaction volume than the all Ethereum dApps. Transaction volumes of top dApps in the last 24 hours as follows:
- Ethereum / FCK (gambling) – 3.9k ETH, $465.7k
- EOS / DICE (gambling) – 832.8k EOS, $2.3M
- TRON / TRONbet (gambling) – 75M TRX, $2.1M
It is known that gambling dApps (dice games, casinos, betting platforms etc.) makes up the majority of these transaction volumes. That is especially true for EOS and TRON blockchains. Ethereum has not many gambling dApps with high transaction volume except few like FCK and Etheroll.
Ethereum’s dApps with high transaction volume are rather decentralized exchanges. There are 7 DEXs in Ethereum’s top 10 by daily volume: IDEX, Kyber, ForkDelta, AirSwap, LocalEthereum, Ethfinex Trustless and SingularX.
EOS has 2 DEXs in its top 10: Newdex and DEXEOS, and TRON has 3: TronTrade, TRX Market and TRON JOYSO.
Current statistics on dApps might seem interesting, but the capacity and the ecosystem of the blockchains explain it all. There are many more decentralized exchanges on the Ethereum blockchain, which is reasonable considering the number of ERC-20 tokens. Though there are also many gambling dApps on Ethereum, they can’t surpass those of EOS and TRON in terms of transaction volume, which can be attributed to the efficiency of the Ethereum blockchain.
Great article!