What is DappRadar and How is it Used?

Decentralized applications (DApps) are built for many reasons, such as to improve user experience, promote security, engage with communities, conduct market research, and tap into financial opportunities, making it essential that users can track and navigate them. Although most DApps are built on the Ethereum network, DappRadar makes it easier to navigate through DApps built on other networks like Avalanche, BNB Chain, and Solana.

What is DappRadar?

DappRadar is a Web3 tool that offers real-time insights and analytics into decentralized apps. This enables users to explore and navigate through data from various blockchain networks.

Think of DappRadar as a Web3 Appstore similar to Google Playstore but focusing on decentralized applications built on blockchain networks. Just as you would visit app stores to discover, download, and interact with mobile applications, DappRadar is a directory to explore, monitor, and analyze various DApps across blockchain networks.

In both cases, users seek applications based on their interests and needs, and the platform provides insights, reviews, and performance data to aid users in making informed choices. However, DappRadar specifically caters to decentralized and blockchain-driven applications such as DeFi and GameFi protocols and NFTs.

Significance of DappRadar in the Blockchain and DApp Ecosystem

The significance of DappRadar in the blockchain ecosystem lies in several key aspects ingrained in DappRadar’s features and functionalities. They are:

Discovery and Visibility

DappRadar allows users to discover a wide range of DApps, including new ones, across various blockchain networks. This feature promotes visibility for developers and encourages users to navigate through diverse, decentralized applications.

Analytics and Monitoring

DappRadar provides detailed analytics on the performance, user activity, and market trends of DApps. Developers can evaluate the success of their applications, and users can make informed choices based on this information. This information is crucial for developers to evaluate the success of their applications. It also enables users to make informed choices.

Market Research

Companies and individuals can use DappRadar to conduct market research. It offers insights into user preferences and trends within the DApp ecosystem.

DApp Optimization

Developers can leverage DappRadar’s analytics to optimize their DApp for better visibility and user engagement. They can use this tool to understand user behavior and preferences, which can help developers enhance the functionality and usability of their applications.

RADAR Token Ecosystem

With the introduction of RADAR tokens, DappRadar contributes to the token economy. RADAR may be used for various purposes in the DappRadar ecosystem, such as staking and governance. The integration of the RADAR token creates additional incentives for users and developers.

How can individuals and companies utilize these features on DappRadar to meet their needs?

Step-by-step Guide for Individuals

Creating an Account on DappRadar

There are many options to choose from when creating an account on DappRadar. You can create an account using digital wallets, email, or social networks.

Source: dappradar.com

If you register an account using your email, you must verify your email to finish your registration. You may reload the page and log in to the website.

Connect your wallet to benefit from using DappRadar Pro features. To do this, click on your account and follow the prompt to connect your wallet.

Navigating the DappRadar Platform

The DappRadar platform has a million features that can be explored. On the page header, you will find the following features; Rankings, Rewards, Contribute, Services, Blog, and RADAR. Scrolling through the homepage, you will unveil a section exploring DApps, games, NFTs, DeFi protocols, tokens, and chains.

Further, DappRadar users can engage in web3 quests to earn tokens and access airdrops. The platform also has an alert feature that users can capitalize on to learn of new product launches and token activity.

Navigating DappRadar’s Page Header

Source: dappradar.com

Rankings

You can access categories such as explorer, quests, chains, NFTs, Games, DeFi, and Tokens from rankings. For example, viewing the NFT category allows you to access various NFTs across Ethereum, TRON, and Polygon chains. You can view the top-performing NFT collections and simplify your search by applying filters.

Source: dappradar.com

Rewards

In rewards, you can view the quests and airdrop categories. The airdrop category allows you to view available airdrops you can participate in.

Source: dappradar.com

Contribute

Here, you can submit a project and manage those you may have submitted. If you want to submit a project, create an account and click “submit a project” under this menu.

Services

DappRadar offers services such as API, referral programs, and advertising. If you are a developer and are interested in the referral program, you can register for it by clicking the ‘referral program’ and filling in the details requested. Note that you will need to have a project name and information on the project.

Blog

DappRadar has many articles on topics such as reports on the DApp industry and BGA games, DeFi news on decentralized exchanges and yield farming, games (move2earn and mobile games), NFTs, metaverse, socials, blockchain, crypto wallet (celebrity wallets), DappRadar such as company news and product update)

RADAR

You can access Pro membership and discover RADAR, governance, white paper, and the Discord community here.

Navigating DappRadar’s Homepage

Source: dappradar.com

The homepage has the following features:

Explore Dapps

In the Explore Dapps section, users can get an overview of industry trends. This section is filled with statistics of on-chain transactions across various Dapps.

For example, suppose a user wishes to get insight into the blockchain network that hosts decentralized apps with the largest transaction volume. The user can access this data in the Explore Dapps section. The image below shows that Dapps on the Ethereum network currently have the most enormous transaction volume compared to other blockchain networks.

Cumulatively, Ethereum Dapps boast a daily volume of $3.17B, while Arbitrum, BNB Chain, Polygon, zkSync Era, and Optimism trail.

Source: dappradar.com

Games

In the Games section, users can gain insight into the leading blockchain games, the number of active wallets, transaction frequency, and transaction volume across the gaming protocols.

Source: dappradar.com

NFTs

The NFTs section reveals top NFTs, floor prices, transaction volume, number of active wallets, and a handful of other data for various NFT projects. The DeGods NFT project currently leads the chart. In the past 24 hours, the project has a transaction volume of $1.7 million.

You can also view specific data related to each chain in the NFTs section. Suppose you want to know the leading NFT marketplaces on the Ethereum blockchain. You can get that by following the steps below:

Step 1: Click on NFTs

Step 2: Click on Marketplaces

Step 3: Select the chain’s data you wish to view, which is Ethereum in this case

The image below shows the result of the search. DappRadar’s data currently ranks Blur as the leading NFT marketplace, with OpenSea following suit. The data also reveals that Blur’s trade volume in the last 24 hours has surpassed $20M, while OpenSea recorded a trading volume of $3.15M.

Source: dappradar.com

DeFi

The DeFi section gives users insight into the top decentralized protocols. Users can also view the total value of locked tokens (TVL) across each protocol. The TVL gives users a general overview of investors’ appetite. When more tokens are locked across protocols, it indicates a positive market sentiment. A higher TVL also reflects higher token prices and vice versa.

The chart below shows the current TVL in the DeFi ecosystem. It also shows the Adjusted TVL. The Adjusted TVL is the value of tokens locked 90 days prior. Both parameters on the chart give users insight into the growth or regression in the value of DeFi tokens within the past three months.

Source: dappradar.com

Tokens

The Tokens section provides quantitative and qualitative data on various cryptocurrencies. The cryptocurrencies listed in this section are ranked by market capitalization, with Bitcoin leading. Currently, DappRadar contains data on 8224 cryptocurrencies.

Source: dappradar.com

Chains

Which blockchain network has the most DApps built on it? Well, the first chain on the list may surprise you. It’s not Ethereum! It is the BNB Chain with 5,194 decentralized applications. Ethereum comes next with 4,480 DApps. Notably, the Ethereum chain still leads in TVL, trading volume, and total number of smart contracts. Users can also view data pertaining to specific blockchain layers in this section.

Source: dappradar.com

Tracking and Analyzing DApp Performance

Source: dappradar.com

To find information about DApps of interest, you can access them by clicking on ‘Explore dapps’ on the home page, as shown in the image above.

Source: dappradar.com

Here, you can view the top-ranking blockchain Dapps on DappRadar. As the image above shows, you can view information about the Dapps, such as the number of unique active wallets (UAW) interacting or performing a transaction with the DApp’s smart contract, the total number of transactions made between unique active wallets (UAW) and the DApp’s smart contract, the volume (the fiat value of incoming DApp transactions over some time), and the balance (the total fiat value of assets in the DApp’s smart contracts).

Source: dappradar.com

When you click on a DApp, you can view additional information that provides insights into the dapp, such as social media handles and historical activity.

Managing your Portfolio

Source: dappradar.com

If you have connected your wallet address to DappRadar’s ecosystem, you can manage your portfolio from the platform. You can view the tokens in your wallet and their balances, the NFTs you own, and the activities the wallet address has carried out. You can switch blockchains to view information on your assets from other chains.

Step-by-step Guide for Companies

Registering a DApp and Getting a Listing on DappRadar for Free

Source: dappradar.com

You should create an account to register a DApp on DappRadar and list your project. Details you may need to have handy before filling out the form include:

• Project name
• Logo with a specification of 250×250 pixels in PNG or JPEG format, 150kb max
• The website URL
• Social media handles
• A short description of the project (160 characters or less)
• A full description of the project
• Some media screenshots about your project

Then follow the steps below to register a DApp:

1. Click ‘contribute’
2. Select ‘Submit a project’

Source: dappradar.com

1. You will be taken to a page where you will input information on the project/DApp you want to register. Follow the prompt to register.

Some specific information to note when filling out the form include

1. For DApp projects, you would fill in information about your smart contracts (1) and indicate whether the project has been released (2) as shown in the image below:

Source: dappradar.com

1. When choosing the ‘category’ for your project, the main category should be selected before picking sub-categories. Limit your selection to 4 for better indexing. You can select up to 5 tags in the’ tags’ menu for better discoverability.
2. If you selected that your DApp project has been released, provide the blockchain and addresses your smart contracts are active on, as shown below.

Source: dappradar.com

1. If you had selected that your project is not a DApp, pick from the options available for Web3 projects that best suit your project, as shown below.

Source: dappradar.com

1. Proceed to fill in social media and other required information. When done, verify the captcha and submit your project for free.

Promoting a Project on DappRadar

To promote your project on DappRadar, follow these steps:

1. Create an account: Register using your digital wallet, email, or social networks
2. Connect your wallet: For DappRadar Pro features, connect your wallet through your account settings
3. Navigate to ‘Services’: From the Homepage, click ‘Services’
4. Select Advertising: Choose the ‘advertising’ option to promote your project
5. Provide Project Information: Fill in details about your projects, needs, and timeline, and ensure all required information is accurate

Note that the DappRadar advertising process involves some specific guidelines and considerations. Before proceeding, refer to DappRadar’s official documentation on advertising ‘terms and conditions.’

What is DappRadar Pro?

DappRadar Pro offers premium membership where users get enhanced features and functionalities beyond the free standard version. Although assessing DappRadar is free, the Pro version allows users to gain more data points. You can activate DappRadar Pro by staking at least 30,000 RADAR tokens.

However, a 30-day cooldown applies until you can unstake the RADAR tokens. DappRadar explains that this imposed period eliminates users who only want to stake RADAR tokens briefly.

Source dappradar.com

As a DappRadar Pro member, some key features that can be enjoyed are:

Premium Content

Pro members gain access to exclusive information on research, analysis, and reports. This information can help users and developers gain insights and in-depth knowledge on DApps and other Web3 projects ahead of others.

Source: dappradar.com

Custom Alerts

Depending on the timeframe you select, you can get custom alerts on many chains and categories about projects and DApps of interest.

Source: dappradar.com

Advanced Filters

You can apply advanced and multiple filters when searching through DApps for a streamlined search on Rankings.

Source: dappradar.com

Earn Rewards

You can earn 15% APR on staked RADAR as a Pro member. The reward system adds to the growth of the ecosystem.

Source: dappradar.com

Exclusive Airdrops and Quests

You can access exclusive airdrops and quests unavailable in the standard version. You can also earn higher rewards and better chances of getting airdrops that you participate in.

What is RADAR?

RADAR is DappRadar’s native token. The RADAR tokens allow users to access DappRadar Pro, stake, and participate in governance. DApp developers, contributors, partners, publishers, and individuals can benefit from using RADAR tokens in the DappRadar ecosystem.

The RADAR token currently operates on the Ethereum and BNB smart chain blockchains with plans to expand to other chains. RADAR tokens can be used to gain in-depth insights and powerful tools to discover diverse DApps in the market. Mainly, developers can use the tokens to customize their DApp page and tailor it to meet their user’s needs.

Users can interact with RADAR tokens on decentralized exchanges such as SushiSwap and QuickSwap for swapping and on centralized exchanges such as Gate.io for buying and holding. You may need to transfer your RADAR tokens to a non-custodial wallet such as MetaMask to activate Pro.

Conclusion

DappRadar helps users easily navigate the world of decentralized applications. Through a robust ecosystem, users, developers, and companies can explore, optimize, and analyze DApps across various blockchain networks.

DappRadar can be used to discover new DApps and conduct in-depth market research. This is possible because of DappRadar’s features, like analytics, visibility, and the RADAR token. The step-by-step guides provided for individuals and companies can help them navigate the platform effectively and use the Pro feature for enhanced functions.