Total unique active wallets for decentralized applications grew 6.8 percent to over two million in October 2022, fueled by adoption on Arbitrum, Optimism, and NEAR.

According to "Blockchain Industry Report: October 2022": Total unique active wallets for decentralized applications grew 6.8 percent to over two million in October 2022, fueled by adoption on Arbitrum, Optimism, and NEAR.

Cross-chain bridges were the primary security risk, accounting for 82 percent of the $3.57 million in total exploit losses during the month.

According to "Blockchain Industry Report: October 2022": Cross-chain bridges were the primary security risk, accounting for 82 percent of the $3.57 million in total exploit losses during the month.

DeFi total value locked increased 5.3 percent to $83 billion, with Ethereum maintaining a 62 percent market share.

According to "Blockchain Industry Report: October 2022": DeFi total value locked increased 5.3 percent to $83 billion, with Ethereum maintaining a 62 percent market share.

NFT trading volume and sales fell 30 percent, yet the number of unique NFT traders rose 18 percent to 1.11 million, driven by a 770 percent volume surge on Polygon due to Reddit collections.

According to "Blockchain Industry Report: October 2022": NFT trading volume and sales fell 30 percent, yet the number of unique NFT traders rose 18 percent to 1.11 million, driven by a 770 percent volume surge on Polygon due to Reddit collections.

The blockchain gaming segment experienced a contraction, with activity falling 2 percent as users shifted toward emerging layer-2 solutions.

According to "Blockchain Industry Report: October 2022": The blockchain gaming segment experienced a contraction, with activity falling 2 percent as users shifted toward emerging layer-2 solutions.

Aptos reached a $1 billion market capitalization within two weeks of launch, while Dogecoin recorded the month's highest price appreciation at 50 percent.

According to "Blockchain Industry Report: October 2022": Aptos reached a $1 billion market capitalization within two weeks of launch, while Dogecoin recorded the month's highest price appreciation at 50 percent.

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Key Insights

Blockchain Industry Report: October 2022

DappRadar~27 min full read

01
Total unique active wallets for decentralized applications grew 6.8 percent to over two million in October 2022, fueled by adoption on Arbitrum, Optimism, and NEAR.
02
Cross-chain bridges were the primary security risk, accounting for 82 percent of the $3.57 million in total exploit losses during the month.
03
DeFi total value locked increased 5.3 percent to $83 billion, with Ethereum maintaining a 62 percent market share.
04
NFT trading volume and sales fell 30 percent, yet the number of unique NFT traders rose 18 percent to 1.11 million, driven by a 770 percent volume surge on Polygon due to Reddit collections.
05
The blockchain gaming segment experienced a contraction, with activity falling 2 percent as users shifted toward emerging layer-2 solutions.
06
Aptos reached a $1 billion market capitalization within two weeks of launch, while Dogecoin recorded the month's highest price appreciation at 50 percent.

That's the gist.

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