Data: DeFi transaction volume increased by 740,000 in 7 days, total locked value decreased from 52 billion dollars to 42 billion dollars

ChainCatcher news, according to DappRadar data analysis, after the FTX explosion event, blockchain dapp activity has significantly increased. Among them, Ethereum chain transactions rose from $7.18 billion on November 7 to $23.47 billion on November 10.

The activity of dapps in the DeFi sector has increased across all blockchains, rising from 1.46 million transactions on November 7 to over 2.2 million transactions on November 10. However, due to the impact of FTX, the total value locked in the DeFi sector has decreased from about $52 billion to the current approximately $42 billion. Users have shifted funds from risky projects, with Solana's UAW tripling in the past 7 days.

In addition, the NFT sector has seen an increase in trading volume, with the number of traders on MagicEden increasing by 89% to 92,181 over the past 7 days, while trading volume surged 402% to over $29 million during the same period. Opensea had 120,148 users trading in the past 7 days, a year-on-year increase of 5.6%. (source link)