Hot Contracts
Hot Contracts allows DappRadar users to see what are the most used smart contracts during a certain time frame.
Introduction to Hot Contracts
Through Hot Contracts, users can see which smart contracts are trending on Ethereum, Polygon, Blast, Base, zkSync and BNB Chain. Thanks to our real-time data, they can find emerging dapps, trending tokens and live NFT mints as they take place.
How can I utilize Hot Contracts for my benefit?
With the introduction of Hot Contracts, users can discover dapps seconds as soon as they launch on the blockchain. In addition, it will allow people to discover dapps that have not officially been listed on DappRadar yet. Itβs safe to say that this feature can give Web3 enthusiasts and day traders a competitive edge.
This is some of the alpha you can find through this new feature:
Real-time insights - Find new mints as the sale happens and discover new dapps. Stay ahead with the latest information on blockchain activity and trends.
Comprehensive data - Access a broad spectrum of data points, including all types of transactions and contract types.
Strategic opportunities - Identify high-potential tokens, NFTs, and dapps for early opportunities.
Understand blockchain data - Immediately understand what a smart contract does thanks to advanced filter options and AI-generated descriptions.
Regular users vs DappRadar PRO Members
Anybody with a registered DappRadar account, can have access to Hot Contracts. However, these users only see the 3 most popular smart contracts on the 1-hour time frame. Yet, they can see this information on all of the supported blockchains.
DappRadar PRO Members have access to a lot more options. These PRO members get multiple time frames, the ability to sort data, or to filter based on the type of smart contracts.
Frequently Asked Questions (FAQ)
What is UAW?
UAW stands for Unique Active Wallets. This metric counts the number of distinct wallets interacting with a smart contract within a certain timeframe, including actions like transfers, mints, and approvals. It's a key indicator of a contract's activity level and user engagement.
How do I get access to Hot Contracts?
The 3 most popular contracts on all supported chains are visible for all registered users. However, if you want access to the complete list with filter and sorting options, you need to be a DappRadar PRO Member. PRO access can be obtained by staking 30,000 RADAR tokens on the "PRO Membership" page, which also offers exclusive benefits and an Annual Percentage Rate (APR) on your staked RADAR.
How frequently is the data on Hot Contracts updated?
The data on Hot Contracts is updated in real-time, every 60 seconds. This ensures that users have access to the latest information on smart contract activity, enabling them to quickly identify and act on new opportunities across supported blockchain networks.
Every user has access to the Hot Contracts activity on a 1-hour time frame. However, only PRO members can lower or increase the time frame using the dropdown filter. This way PRO members can find the most active contracts on a 15-minute time frame, or perhaps 3 hours or 24 hours.
What features are available for exploring Hot Contracts?
Hot Contracts offers a range of features to enhance your exploration, including:
Period Selector: Filter contracts based on activity over specific time frames (24 hours, 3 hours, 1 hour, or 15 minutes).
Deployment time: Filter through the recently deployed smart contracts, giving you an advantage over everyone else, allowing you to discover the newest tokens, NFT contracts and more.
Interest Filters: Tailor your search to specific types of contracts, such as Tokens (ERC-20), NFTs (ERC-721 or ERC-1155), or generic contracts.
AI-Generated Descriptions: For verified contracts with available source code, enjoy concise, AI-generated summaries to understand their functionality at a glance.
Technical Details
For users interested in the technical underpinnings of Hot Contracts, here's a deeper dive into how it works:
Inclusion of Direct Transactions: All direct transactions (including failed, successful, and approval transactions) are considered in the Unique Active Wallets (UAW) metric for Hot Contracts, offering a comprehensive view of contract activity.
Contract Type Resolution: The platform identifies contract types by analyzing bytecode for specific function signatures corresponding to standards like ERC-20, ERC-721, and ERC-1155.
Real-Time Data Syncing: Contract verification, name, assigned project, type, and deployment time are dynamically synced based on activity levels, with updates ranging from every 5 seconds to 60 seconds, depending on the data type.
Proxied Contract Resolution: Hot Contracts also identifies proxied contracts in accordance with ERC1967 and EIP897 standards, ensuring accurate representation of contract functionality.
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