Top dApps on Algorand

Algorand is a proof-of-stake layer-1 blockchain built for decentralized applications and payments. It uses a Pure Proof-of-Stake consensus design, and its native token is ALGO. Developers build apps directly on the base chain instead of relying on a separate scaling layer.

No. Algorand has its own virtual machine, and smart contracts are usually written in languages such as Python or TypeScript that compile to its bytecode. Ethereum-style Solidity contracts do not run on Algorand natively, though some projects connect the two through bridges and cross-chain messaging.

ALGO pays transaction fees, is staked to help secure the network, and is used for on-chain governance programs. Fees on Algorand are generally very small. Fees can change with network rules, so check a current source before you transact.

Réti Pooling lets ALGO holders pool stake and delegate it to validators. xALGO Liquid Staking from Folks Finance gives you a tradable token while your ALGO earns staking rewards. Messina Liquid Staking and gALGO Liquid Governance are other options. Each has its own risks, so read how it works before depositing.

Tinyman and Pact are automated market maker DEXes on Algorand for swaps and liquidity pools. Folks Finance Lending and DorkFi handle borrowing and lending. At the time of writing, total DeFi TVL on Algorand is about $29.5M, which is modest next to the largest chains.

Yes. Lofty sells fractional shares in U.S. rental properties, and Meld Gold issues tokenised gold and silver on Algorand and XRPL. Fifa Collect, FIFA's official digital collectibles platform, also launched on Algorand. These carry issuer, custody and regulatory risks on top of normal crypto risk.

Alpha Arcade is a prediction market, and Tardly is a no-loss lottery funded by staking yield. You must be 18 or older, or 21 or older where local law requires, and you should confirm that online gambling or prediction markets are legal where you live before taking part.

Binance CEX is the largest dApp on Algorand by total value locked, with $127B across all the chains it supports. It is followed by Bitget ($5.93B) and Gate ($5.91B). TVL figures come from DefiLlama and change daily.

Gate has the highest score at 7.7/10, ahead of Bitget (7.6) and Wormhole (7.6). Scores weigh security, ease of use, fees and features, and are based only on facts we could verify.

DappsAtlas tracks 43 dApps on Algorand. Of these, 43 have a full review and 30 report value locked, $145B in total, counting value on every chain they support.

Centralized Exchanges (12), Lending (4) and DEXes (4) are the largest categories on Algorand, by number of projects.

Among dApps with at least $1M locked, Meld Gold had the biggest 7-day TVL gain (+5.6%) and Flipster the biggest drop (−28.0%). Combined TVL moved −5.4% over the same seven days.

The 31 rated dApps on Algorand average 6.3 out of 10. Of these, 0 score 8 or higher and 3 score below 5.