KEYTAKEAWAYS
- 77% of Bybit Stolen Funds Still Traceable
- LOL Leads DApp User Activity Rankings with 1.79 Million UAW
- Solana and Injective Lead DApp On-Chain Transaction Volume, Injective Tops with 22.84 Million Transactions
CONTENT
Welcome to CoinRank Daily Data Report. In this column series, CoinRank will provide important daily cryptocurrency data news, allowing readers to quickly understand the latest developments in the cryptocurrency market.
77% OF BYBIT STOLEN FUNDS STILL TRACEABLE
Bybit co-founder and CEO Ben Zhou published the latest executive summary regarding the hacker funds on X platform. According to the disclosure, the total amount of stolen funds reached $1.4 billion, equivalent to approximately 500,000 ETH. Of these, 77% of the funds remain traceable, 20% can no longer be tracked, and 3% have been successfully frozen.
In this fund recovery operation, a total of 11 parties assisted Bybit in freezing funds. Among them, Mantle, Paraswap, and ZachXBT stood out the most, ranking in the top three. To recognize the contributions of these assistants, Bybit has paid 2,178,797 USDT as rewards to 11 bounty hunters.
Analysis:
Although 77% of the funds remain traceable, the 20% untraceable portion exposes the double-edged sword nature of blockchain anonymity.
Notably, the multi-party collaboration and bounty hunter mechanism played a key role in fund recovery, demonstrating the collective power of the crypto community in responding to crises.
LOL LEADS DAPP USER ACTIVITY RANKINGS WITH 1.79 MILLION UAW
According to DappRadar data, in the blockchain decentralized application (DApp) user activity (UAW) rankings, LOL on the Matchain chain ranks first with 1.79 million UAW. It is closely followed by Raydium in the Solana ecosystem, with a UAW of 1.76 million. Ranking third is the multi-chain deployed HOT Protocol, with a UAW of 1.45 million. KAI-CHING in the NEAR ecosystem ranks fourth with 1.39 million UAW, while the multi-chain deployed World of Dypians ranks fifth with 1.17 million UAW.
Source: DappRadar
Analysis:
User activity is an important indicator for measuring DApp success, with high UAW indicating increased user engagement and ecosystem vitality. LOL’s 80% daily UAW growth leads DApps, demonstrating Matchain chain’s strong attraction. Solana, NEAR, and multi-chain deployment projects have performed impressively, reflecting the diversified competitive landscape of the blockchain ecosystem.
SOLANA AND INJECTIVE LEAD DAPP ON-CHAIN TRANSACTION VOLUME, INJECTIVE TOPS WITH 22.84 MILLION TRANSACTIONS
In yesterday’s ranking of blockchain DApp smart contract transaction volumes, Injective took the lead with 22.84 million transactions, closely followed by Solana with 21.38 million. WAX, NEAR, opBNB, and SKALE ranked third to sixth with transaction volumes of 6.44 million, 5.27 million, 3.51 million, and 3 million respectively.
Source: DappRadar
Analysis:
Transaction volume data reflects the trading activity of DApps in various blockchain ecosystems. The performance of Injective and Solana is particularly outstanding, seemingly forming a first-tier group. Cryptocurrencies have experienced significant fluctuations in the past two weeks, and users need to pay attention to trading situations on both CEX and DEX.
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