Decentralized finance (DeFi) and blockchain-based games have for years been some of the largest apps by total value locked and users on most blockchains, and Gherghelas said that AI-powered DApps aren’t just hype, but a trend “reflecting a broader societal shift toward open, user-owned technologies.”
The report noted that the top-performing AI DApps last month remain largely consistent, highlighting the strong staying power of early market leaders.
The top AI DApp for May was LOL, which has 2 million daily active wallets. The platform uses an AI bot to analyse laughter and rewards users with tokens after it determines how happy they are.
DappRadar also reported that the most notable newcomer to the rankings is SubHub, an AI-enhanced Web3 notification and marketing platform developed by Dmail that had 82,000 daily unique active wallets in May.