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The Number of Decentralized Applications On Polygon Exceeded 37,000

11 August 2022 13:05, UTC
Anna Martynova

The Polygon team has published fresh statistics obtained from the Web3 Alchemy partner platform. According to the report, the number of decentralized applications (dApps) on the platform has surpassed 37,000, an increase of 400% since the beginning of the year. The developers emphasized that the figure represents the cumulative number of applications ever launched on both test and main networks.

Also, the number of active teams – a monthly indicator of developer activity on the blockchain – reached 11,800 at the end of July. This figure is 47.5% more than in March. The team highlighted a breakdown of dApps projects that showed that 74% of teams integrated exclusively on Polygon, while 26% deployed on both Polygon and Ethereum.

The Polygon blockchain hosts applications from projects such as the Decentraland and The Sandbox metaverses, the OpenSea NFT marketplace, the Aave DeFi lending platform, and the applications of the gaming company Animoca Brands. According to the developers, more than 142 mln unique user addresses and $5 bln in assets have been recorded using dApps on Polygon. To date, the network has processed about 1.6 bln transactions.

Image: SwissBorg