Top 15 DeFi Projects by 30D Active Users

In the past 30 days, among the top 15 DeFi protocols, only 
@Uniswap
 and 
@RaydiumProtocol
 have seen an influx of new active users. In contrast, other protocols have experienced a decline in user activity, enhancing Uniswap and Raydium's dominance in the DeFi space.

This market trend can be attributed to several factors. Decreasing user engagement, resulting from disappointing airdrop campaigns, combined with the overall similarity of DeFi applications, has led users to concentrate on a few successful platforms. As a result, Uniswap and Raydium have benefitted from this consolidation.

Ethereum

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