Cardano Is Coming To The World's Largest Decentralized Application Store

Lithuanian service DappRadar announced support for Cardano, a popular Proof-of-Stake blockchain. The world's largest DApp store called on developers working on Cardano to submit their contracts. DappRadar currently tracks over 10,000 decentralized applications (DApps) across 30 protocols. The largest app store boasts over a million users.

In December, DappRadar announced a native ERC-20 token called RADAR, created to reward the existing community. Ten percent of its initial supply was airdropped to users and partners. The token is intended to reward users for discovering new decentralized applications that can enrich the store.

According to data provided by DefiLlama, the total value of Cardano-based decentralized finance applications is $88.46 mln. This puts it only in 29th place behind blockchain projects like EOS, Celo and Thorchain. Minswap is currently the largest app on Cardano with a TVL of $46.44 mln.

Image: The Layer