What is DappRadar (RADAR)?

Deep Dive

1. Purpose & value proposition

DappRadar aggregates real-time data for NFTs, DeFi, GameFi, and AI dapps, helping users discover projects and developers showcase products. Its May 2025 report noted 4.8M daily active AI dapp users (+23% MoM), reflecting its role in tracking emerging Web3 sectors (DappRadar). The platform monetizes via API access and PRO subscriptions while maintaining community governance through its DAO.

2. Tokenomics & governance

• Supply: 10B total, 9.6B circulating (96% of total)
• Use cases: Staking (15% APR), governance votes, PRO feature access
• Concentration risk: 92% of supply held by whale addresses, creating potential volatility (IntoTheBlock).

The DAO controls treasury funds and platform upgrades, though low retail holder counts (14 addresses hold >$100k) suggest centralized decision-making influence.

3. Ecosystem & adoption

DappRadar partners with chains like Ethereum, BNB Chain, and Polygon for liquidity staking. Its May 2025 data showed $14B Ethereum DeFi TVL growth (+20% MoM), demonstrating its analytics’ market impact. However, competition from CoinGecko and decentralized alternatives like SubHub’s AI-enhanced notifications presents scalability challenges.

Conclusion

DappRadar’s utility as a dapp discovery hub aligns with Web3’s growth, though RADAR’s whale-dominated supply warrants monitoring. How might AI-driven dapp curation reshape its value proposition as sectors like decentralized AI capture 19% of user activity?