Linea Dapp Ecosystem Q3 2024 Report

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Disclaimer: The insights presented in this report are based solely on data from the dapps åtracked by DappRadar on Linea, and do not encompass all the transactions conducted on the blockchain as a whole.

Since its Alpha mainnet launch, Linea has rapidly evolved beyond a standard blockchain network to become a thriving ecosystem for dapps. In just 15 months, it has transformed into a dynamic hub where users actively buy, swap, stake, and engage in gaming within a fully integrated network. 

This report exploreskey metrics like user engagement, transaction volume, and adoption trends. Dive in to uncover how Linea continues to shape the blockchain space this quarter and what these trends reveal about its future trajectory.

Key Takeaways 

  • Linea recorded an average of 316,729 daily Unique Active Wallets interacting with dapps in Q3 2024, marking a 7% increase from Q2, reflecting continued user engagement.
  • The social sector maintained its lead on Linea, accounting for 54% of total activity, underscoring its role as a central focus on the network.
  • Linea processed over 33 million transactions during Q3 2024, generating an impressive total volume of $8.2 billion.
  • Total Value Locked (TVL) on Linea reached $828 million by the end of Q3, with ZeroLend emerging as the most popular DeFi dapp on the network.
  • Yooldo and Robots Farm led the gaming sector this quarter, attracting the highest number of Unique Active Wallets and highlighting the appeal of gaming on Linea.

Table of Contents

1. On-Chain Activity Overview
2. DeFi Ecosystem
3. Gaming Ecosystem
4. The Vision of Linea: Living On-Chain
5. Closing Words

1. On-Chain Activity Overview

In Q3 2024, Linea’s on-chain activity demonstrated robust growth, with the network averaging 316,729 daily Unique Active Wallets—a 7% increase from the previous quarter.

Linea’s reputation as a social-focused blockchain continues to strengthen, with social dapps commanding 54% of the activity share. The DeFi sector follows with 11%, while NFTs represent 27%, and gaming holds 7%. The remaining 1% comprises other dapp categories, such as gambling and high-risk sectors.

On the financial side, tracked smart contract volumes across all Linea dapps surged significantly. Q3 saw a total volume of $8.2 billion, marking a 67% rise—indicating increased value flowing through the network via token swaps, staking, and other on-chain activities.

Transaction volume also surged, with a total of 33 million transactions recorded, a 22% increase from Q2. This metric highlights the growing engagement across the Linea ecosystem.

These indicators reflect Linea’s expanding popularity and user engagement. With no native token yet launched and strong speculation about a potential airdrop, excitement within the community is palpable. For a closer look at the top-performing dapps, check out our Linea rankings and see what’s fueling this ecosystem’s growth.

2. DeFi Ecosystem

Linea’s Total Value Locked (TVL) continued its upward trajectory in Q3 2024, reaching an impressive $828 million by the end of the quarter. This growth was significantly boosted by the Linea Voyage LXP program, which drew substantial activity and assets to the platform.

While the Linea Voyage LXP program has concluded, Linea has already shifted focus to a new initiative, “Your Life on Linea.” We’ll explore the goals and potential impact of this program in the chapter below.

In the meantime, our analysis of Linea’s DeFi ecosystem for Q3 reveals the top-performing DeFi dapps, ranked by Unique Active Wallets, underscoring user preferences and engagement within the ecosystem.

For those interested in diving deeper into Linea’s DeFi ecosystem, check out our detailed DeFi rankings. If you’re a dapp developer and don’t see your application listed, consider adding it to our platform to reach a wider audience within this flourishing network.

3. Gaming Ecosystem

Though Linea’s focus has primarily been on Social and DeFi dapps, the blockchain is actively expanding its footprint in the gaming sector. While still in its early stages, the Linea gaming ecosystem is showing promising growth, with efforts underway to support and promote this area.

Our latest rankings highlight some of the standout gaming dapps on the Linea chain:

Yoldo remains the most popular gaming dapp on Linea this quarter, further solidifying its position with a recent funding round supported by ConsenSys’ Linea Ecosystem Investment Alliance. While the investment amount remains undisclosed, this backing is expected to fuel both user growth and innovation, deepening the integration of Web3 elements within Yoldo’s games and enhancing the user experience.

A new addition to our list is MemeFi, a unique Web3 platform on the Linea blockchain that merges meme culture with DeFi and gaming. MemeFi offers an innovative gaming experience where players join meme-themed clans to battle for rewards, resources, and status. With both PvP (player vs. player) and PvE (player vs. environment) modes, users can participate in clan wars, challenge meme-inspired bosses, and customize characters to progress through a series of challenges.

As the gaming landscape on Linea continues to evolve, you can explore additional titles and updates in our Linea Games Rankings.

4. The Vision of Linea: Living On-Chain

Since its Alpha mainnet launch, Linea has grown into a thriving hub for dapps. Driven by community feedback and fueled by the success of its Voyage quests, Linea is evolving into an ecosystem that empowers users to truly “live on-chain.” As it advances toward decentralization, Linea remains committed to security, user-friendly design, and an innovative Web3 experience, aiming to become the “home network” for the Web3 world.

With the support of over 20 security partners and zkEVM technology, Linea prioritizes top-tier security for all Web3 interactions. By employing Ethereum validators and validity proofs, Linea delivers a robust system that surpasses traditional rollups, ensuring the security of dapp, community, and protocol-level transactions. This emphasis on protection positions Linea as one of the safest environments for on-chain activities.

Linea puts users first with its Linea Identity Stack, which includes tools like Verax for on-chain attestations, Proof of Humanity to verify unique identities, and Linea Names for easy-to-read addresses. These innovations enable users to securely build and control their digital identities, promoting a seamless and unified on-chain presence.

On Linea, DeFi goes beyond staking and trading. The recent launch of the MetaMask Debit Card allows users to make real-world purchases directly with their digital assets. Whether using DEXs like Lynex or lending protocols such as ZeroLend, Linea provides fast, low-cost transactions that fit seamlessly into daily life. This integration bridges on-chain assets with real-world utility, enhancing the practical power of crypto.

Linea empowers developers with EVM bytecode compatibility, allowing them to leverage existing Ethereum tools to build scalable dapps. Extensive resources, including developer bounties, hackathons, and funding from the Linea Ecosystem Investment Alliance (LEIA), make Linea an ideal platform for advancing Web3 innovation.

The Linea community—a blend of NFT collectors, DeFi enthusiasts, and meme aficionados—is the heart of the network. Community-led events, like the Linea Guild Games hosted by Hyperplay, unite members in unique experiences such as zombie-killing marathons. Volunteer groups, including the Linea Champions, play a crucial role in user support, fortifying the network’s foundation and fostering a vibrant Web3 culture.

5. Closing words

With continuous progress in security, digital identity, payments, and DeFi, Linea is breaking down the barriers to Web3, building a secure and interconnected ecosystem that supports seamless on-chain living. As it advances toward becoming the world’s “home network” for blockchain technology, Linea invites its users not only to participate but to actively shape its future. Whether exploring innovative dapps, joining guilds, or engaging in community-led initiatives, Linea offers a space where users can truly live—and thrive—on-chain. Welcome to your life on Linea.

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