Dapp Rankings Feature Live on DappBay

2022.9.29  •  2 min read
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Utilize the all new Dapp Rankings feature on DappBay, and explore the key metrics relating to your favourite platforms on BNB Chain. Make informed decisions as you enjoy your Web3 journey on DappBay.

BNB Chain users can access dApp metrics such as the number of users, total value locked (TVL), the total number of transactions, social signal, Twitter followers, and Discord members with the release of the latest ranking feature on DappBay.

A Look Under The Hood

Users can access dApp rankings according to:

1. The number of users: Represents the number of unique wallets interacting with a dApp’s smart contract. Sorting or ranking by ‘users’ helps viewers gauge the number of users on a dApp.  

2. TVL: Represents the average value of digital assets staked and locked by users. Ranking by ‘TVL’ helps users gauge the health of Defi and Exchange dApps.

3. Transactions: Represents the number of smart contract interactions between a dApp user and a dApp. Ranking by transactions or ‘txs’ helps users gauge user activity on dApps.

4. Social Signal: Represents the weighted average of Discord and Twitter followers of a dApp on a scale of 1 to 100. Ranking by ‘social signal’ helps users sort dApps by active social communities.

5. Twitter and Discord: Users can also sort dApps by Twitter followers and Discord members apart from social signals.

Detailed dApp Stats

Filter dApps and metrics according to daily data (24 hours), weekly data (7 days), and monthly data (30 days). You can also sort dApps according to categories such as DeFi, Games, Exchanges, Collectible, Marketplace, Social, and more. Comparing dApps against sector averages creates a benchmark for dApps underperforming or outperforming in that sector.

The dApp ranking feature of DappBay helps users access important dApp data and metrics in real time and enables users to DYOR. Stay tuned for more features and benefits with DappBay.

DappBay is quickly becoming the port of call for users navigating the BNB Chain ecosystem. We are doing all we can to make your Web3 experience as seamless as possible.

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