Dapp Market Share

Definition ∞ Dapp market share represents the proportion of activity or user base that a specific decentralized application (dapp) commands within its particular category or the overall dapp ecosystem. This metric indicates a dapp’s relative standing and popularity compared to its competitors. It can be assessed by various measures, including transaction volume, active users, or total value locked.
Context ∞ In crypto news, dapp market share figures are closely watched as indicators of platform dominance and user preferences within decentralized finance, gaming, or other application sectors. Shifts in market share often correlate with updates in protocol features, changes in network fees, or the emergence of new, compelling applications. Monitoring these trends offers insight into the evolving landscape of decentralized digital services.