The report reveals that the daily unique active wallet (dUAW) interactions with DApps in Q3 increased by 15% compared to Q2, reaching 2.2 million. Blockchain games continued to dominate the DApp landscape in terms of activity share, although their dominance saw a slight decline. A noteworthy development in Q3 was that 12% of the activity came from NFTs.
DeFi Total Value Locked (TVL) decreased by 7% to $71.9 billion in the third quarter. Ethereum maintained its leading position despite an 11% decrease in TVL. Base emerged as a significant participant in the DeFi sector, rapidly accumulating a TVL of $378 million.
In the NFT market, metrics such as trading volume and the number of sales hit their lowest levels since Q1 2022, indicating shifts and changes in market interest.
On the security front, vulnerabilities and hacker attacks in the DApp sector saw a sharp increase in Q3, growing by 204% compared to Q2. These attacks resulted in losses totaling $701 million, with the Multichain vulnerability alone causing $231 million in losses.