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18 Best DApps & Web3 Projects to Use With Bybit Wallet

Beginner

DeFi

web3

Dec 15, 2022

17 min read

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Detailed Summary

Decentralized applications (DApps) have been growing in popularity since 2020, with web3 projects such as Uniswap and Illuvium causing widespread ripples in the markets. Many of these projects are hosted on the Ethereum blockchain, and they run through DApps. In this article, we’ll look at some of the best DApps and web3 projects to use with your Bybit Wallet.

What Is a DApp?

A decentralized application (DApp) is a software application that runs on a blockchain. Unlike internet-based applications, DApps don't need a centralized database to function. They run on Ethereum, but they also operate on other blockchains that generate smart contracts, such as EOSIO and TRON.

There are many types of DApps. Some include decentralized finance (DeFi), GameFi and NFT.