NFT DApps Surpass DeFi in Active Users Amid Record Liquidity and Trading Volume Growth
Main Idea
In July, NFT DApps slightly surpassed DeFi in active users with 3.85 million, while DeFi reached a record liquidity of $270 billion and NFT trading volumes surged 96% to $530 million.
Key Points
1. NFT DApps attracted approximately 3.85 million active users in July, slightly surpassing DeFi.
2. DeFi liquidity hit a record $270 billion, driven by tokenized stocks.
3. NFT trading volumes surged 96% to $530 million in July.
4. Ethereum’s Blur marketplace captured up to 80% of daily NFT volume.
5. Major brands like Nike and Louis Vuitton are experimenting with NFTs, contributing to increased user engagement.
Description
In July, NFT DApps attracted approximately 3.85 million active users, slightly surpassing DeFi, which reached a record liquidity of $270 billion. DeFi liquidity hit a record $270 billion, driven by
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