Bringing users more value by expanding our capabilities
DappRadar added tracking capabilities for total value locked (TVL) on DeFi dapps on the Stacks blockchain and NFT collections to our NFT rankings page. This helps users gain a better understanding of the DeFi landscape on the Stacks blockchain and provides them insights into the performance of the hottest NFT collections.
Stacks 2.0 is a layer-1 blockchain that connects to Bitcoin and brings smart contracts and decentralized apps. Smart contracts and dapps developed on the Stacks platform are natively integrated with the security, stability, and economic power of Bitcoin.
The deeper integration of Stacks blockchain dapps in the broader DappRadar ecosystem puts DeFi dapps and NFT collections into the spotlight. Now users can analyze TVL across thirteen blockchains, including Stacks, Ethereum, Polygon, and BNB Chain. At the same time, NFT admirers can track the performance of the most popular NFT collections on Stacks using the DappRadar NFT Rankings.
Stacks DeFi TVL on DappRadar
Total value locked, or TVL refers to the dollar value of assets locked into the smart contracts of DeFi dapps on a network. A widely used metric that has come to represent the DeFi space’s growth over time.
DappRadar currently tracks three dapps on Stacks offering customers decentralized finance (DeFi) services. TVL reflects how much value is being poured into DeFi dapps and can also indicate their popularity and overall appeal. Within DeFi rankings, users can now analyze TVL, and native tokens and explore and analyze Stacks DeFi dapps in more detail.
Stacks NFT Collections on DappRadar
Despite NFT collections just getting warmed up on the Stacks blockchain, it is essential that DappRadar, as the world’s dapp store, conveys to users the latest trends from the hottest asset class. DappRadar currently tracks two NFT collections and two NFT marketplaces on the Stacks blockchain. Users can now analyze NFT collections in more detail and use filters to see the top NFT sales on the network and the marketplaces they are available to trade.
Expanding DappRadar capabilities
DappRadar has expanded its tracking capabilities immensely over the last 24 months, from a site that tracked a handful of networks and their dapps to the World’s Dapp Store. We introduced the world to our RADAR token, a Portfolio Manager with expanding features, NFT Explorer and value estimator, token swap and explorer, and in-depth NFT, DeFi, and TVL tracking.
Furthermore, DappRadar offers industry-leading valuation tools and reports to help guide the community even further. As we continue to build out the dapp store of the future, we ask the community to participate, contribute and build it with us.
Stacks Network for dapp developers
Clarity is a new language for smart contracts on the Stacks 2.0 blockchain and optimizes predictability and security. Stacks 2.0 anchors Clarity smart contracts to Bitcoin, making it possible for smart contracts to operate based on actions seen on the bitcoin blockchain.
DappRadar invites dapp developers to submit their dapps to DappRadar, creating more visibility on The World’s Dapp Store for the Stacks ecosystem. Those interested in learning more about Stacks and the possibilities can start on the Stacks developer docs.