DappRadar’s latest industry report shows that the number of people using Dapps every day has increased 396% over the past year, to 2.4 Million. It is just 5.8% lower than the Q4 2021 user activity.

The quarter saw the crypto sector experience a temporary bear market as well as $1.19 Billion in Decentralized Finance, also known as DeFi hacks and exploits. This was a remarkable increase.