Last week, we had shared our latest study, “3 Findings from Using Dapp Performances As Indicators on Token Trading”, utilizing our newly launched functions.
You could see the explanation from our CEO in case you haven’t fully understand the ERC-20 token tracking for Ethereum dapps and dapp token price analytics.
In today’s section, we want to share with you the 4 facts you should know about ERC-20 tokens after our in-depth study about the market.
Q1 Ethereum dapps total volume: $10.33B
Q1 ETH total volume: $761.33M
Even ETH is the native token of Ethereum, ETH volume in dapps only represents 7.37% of the total Ethereum dapps market volume. (PETH and WETH excluded).
No.1: WETH, $3.08B volume;
No.2: DAI, $2.96B volume;
No.3: SURE, $1.10B volume.
To compare, ETH’s volume in dapp is $761.33M in Q1 2020.
No.1: WETH, $ 650.78M volume
No.2: DAI, $ 467.52M volume
No.3: ETH, $ 448.31M volume
According to Fact 2 and 3, WETH and DAI are both the leading utility tokens in all dapps.
No.1: DAI, $2.96B volume;
No.2: USDC, $528.53M volume;
No.3: USDT, $151.96M volume.
Did you have enough takeaways from the above session? Or did you find something more interesting?