The blockchain supported by main exchange Crypto.com
DappRadar now gives users obtain to dapps on the Cronos blockchain, the EVM compatible network backed by the hugely well-known Crypto.com exchange. Users can now analyze which dapps entice the most quantity, one of a kind user wallets, or approach the most transactions via the Cronos rankings, attaining perception into which dapps and tokens develop solid communities and worth.
Cronos is an EVM-suitable chain constructed on the Cosmos SDK. It interoperates with both of those Ethereum and Cosmos ecosystems, supporting Decentralized Finance, NFT, and Metaverse applications. This newly launched blockchain aims to massively scale the World-wide-web3 ecosystem by offering builders the means to rapidly port dapps from Ethereum and other EVM-appropriate chains. The price proposition of Cronos also incorporates low transaction charges, rapid finality, and a modest environmental footprint.
Cronos has powerful foundations with help and funding from Particle B’s $100m EVM fund. In addition, it has obtain to a consumer foundation of a lot more than 10 million buyers from the Crypto.com and Crypto.org ecosystems.
Cronos has been one particular of the swiftest-increasing Layer 1 ecosystems in latest months. Due to the fact the Cronos Mainnet Beta launch in November 2021, the ecosystem has produced greater builder and person desire, and immediately after just one thirty day period of launch, it was currently 1 of the top 10 general public blockchains by total worth locked (TVL). Presently, around 100 dapps are deployed and are living on the Cronos mainnet beta, with about $2 billion TVL.
To begin with, DappRadar will keep track of the exercise of 40 dapps on Cronos. With extra to stick to in the weeks and months to occur. Builders can independently post their dapps and attain visibility to hundreds of engaged customers by the Developer Dashboard. 37 of the 40 dapps sit in the DeFi and Exchange category, demonstrating further Cronos’ capabilities, though there are also three NFT marketplaces to look at out.
Dapp builders can look to Cronos to provide a quick, low charge, scalable, and simple to deploy Layer 1 blockchain to make Website3 applications. Alongside the Ecosystem Grants System that aims to offer technical, financial, advertising, and partnership assist to builders in the ecosystem.
EVM help makes it possible for for normal solidity wise contracts and Website3 tooling, enabling straightforward porting of dapps from other chains. Cronos is interoperable with preferred Cosmos chains this sort of as Cosmos Hub and Terra via Inter Blockchain Communication protocol (IBC) in a seamless and trustless way.