Trending Dapps | Week #7 | 2022
Your weekly update to discover new dapps in a variety of categories, including DeFi and yield farms, NFT marketplaces and collections, and the top play-to-earn games.
The blockchain is full of dapps that are under constant development. At DappRadar we track thousands of them across more than 20 different blockchains. Every week DappRadar dives into the ecosystem to uncover the dapps that are trending, upcoming, and interesting to discover. No matter whether it’s DeFi on Ethereum, an NFT collection on Wax, or yield farming on Binance Smart Chain, we got you covered.
Cross Chain DeFi
This week we take a look at six DeFi and exchange dapps operating outside of the Ethereum blockchain. While leaders like PancakeSwap, Uniswap, and Sushi dominate trading volumes on their chains. Alternative services that allow users to bridge in tokens from Ethereum are gaining popularity as traders look to avoid gas and transaction fees.
- YuzuSwap is a decentralized exchange on the Oasis Network
- Aims to provide a safe, swift, low-cost tool to discover and swap tokens within the Oasis ecosystem
- The leading algorithmic stablecoin platform on Cronos
- High-yield farming environment built on top of MM Finance
Play-to-Earn & GameFi
Games are fun, but blockchain-powered games add a whole new economical layer to the experience. Suddenly you can play a game and make money from it. Not all games have the same type of financial incentives, but every blockchain asset gains value when a community grows. Here are six play-to-earn games trending this week.
Hot NFT Collections
CryptoPunks and Bored Ape Yacht Club have become some of the most sought-after NFT collections out there. However, new collections are arriving daily and some show the potential to go forward and compete with the big boys. Here we highlight six fresh NFT drops.
Did you know you can buy and sell NFTs on DappRadar? Just log in and start using our Portfolio Tracker!
- Karafuru is home to 5,555 generative NFTs where colors reign supreme
- Leave the drab reality and enter the world of Karafuru
- mfers are generated entirely from hand drawings by sartoshi
- Feel free to use mfers any way you want
- 10,000 NFTs priced at 150 SAND each
- Unique, hand-crafted, and playable The Doggies are coming to The Sandbox
Top NFT Shards
Given that NFTs are selling for notable amounts of money the idea of fractionalization is popping up, giving smaller investors a chance to get involved. The technical process of fractionalization, or sharding as it is also known, is quite simple. Take an NFT, lock it into a vault, and receive tokens in return. These tokens then represent ownership over the NFT that has been locked away, and their value increase or decrease means value fluctuations for the NFT asset. Investors can then buy these tokens and own a shard of the NFT. To learn more check out our complete guide to fractionalized NFTs.
The above does not constitute investment advice. The information given here is purely for informational purposes only. Please exercise due diligence and do your research. The writer holds positions in ETH, BTC, NIOX, AGIX, MATIC, MANA, SAFEMOON, SDAO, CAKE, HEX, LINK, GRT, CRO, OMI, GO, SHIBA INU, AND OCEAN.