Dapp.com just released the 2020 Q2 blockchain dapp market report.
What are the most used tokens in dapps?
What are the most popular token in DeFi?
And what is the correlation of its used volume and price?
Q2 Top 10 Token Volume(USD) on Ethereum
- The most used token is $DAI, 1.85B volume. Followed by $ETH, $WETH, $USDC, and $BAT
- $BAT is the most used token by DeFi, $931M volume
Then how is the correlation with the token prices?
- $BAT, the most used token in DeFi, its price increased by 77.58% from April 1st to June 30th.
- $ETH, $WETH, $WBTC price also increased sharply
- $DAI and $USDC price slightly dropped.
More insights here 2020 Q2 Dapp Market Report