gm Web3 explorers,

The month of May is over, and later this week we will publish our Dapp Industry Report for May 2025. In this newsletter we look ahead at some of the recent highlights. LFG! 📡🔵

🎉 Total Value Locked in DeFi from $113B to $134B

Despite crypto price fluctuations, DeFi has seen a strong May 2025. The sector grew the total value locked in its platforms from $113 billion at the beginning of the month, to $134 billion by the end. With a 19% gain, Ethereum is still market leader with $105 billion TVL. Solana follows with $13.1 billion, and then BNB Chain with $4.75 billion. However, Polygon and Ronin experienced the biggest gains, which you can explore through the DeFi narrative page.

✨Explore more about DeFi

🚀 Base sees massive growth amidst AI agent trend

With more than 21 million active wallets in the past 30 days, Base has seen 108% growth during that period. This pushes Base ahead of Aptos, all thanks to the success of AI agents. Virtuals grew 458% to 40,960 active wallets. However, the biggest contributors are decentralized exchanges such as Uniswap, 1inch Network and Jumper. With WorldShards, Base also has a gaming product finding success.

🚀 All your Base

🔥 WorldShards attracts 355,000 wallets with NFT mint

Sandbox online role-playing game WorldShards has been making waves on Base, attracted over 355,360 active wallets in the past 7 days. The team launched the Murrmic event, a way to generate some noise before the token generation event. You mint a Murrmic NFT, and then you need to feed it to become eligible for rewards. Gaming dead? With 355,360 active wallets there's serious hype building.

⚔️ Explore WorldShards

🐈 Grumpy Cat memecoin of the week gained 321%

$GRUMPY, the Grumpy Cat memecoin on Solana, managed to increase its value by 321% over the past week. The token launched in November 2024, and is now really seeing a revival. In May it was 6 years since Tardar Sauce, the mixed breed cat with dwarfism, passed away at the age of 7. But the memes are still going strong.

😺 Discover $GRUMPY

🎁 Have you completed your Quests this week?

Completing Quests will level up your account on DappRadar. As you level up, you unlock rewards. In addition, with each completed Quest you have a chance of winning crypto or NFT rewards. Make sure you complete your Quests every week to grow your account and have more chances to win!

Explore all Quests