Ethereum wallet and interface MyEtherWallet, or MEW, has brought decentralized applications to its 1.3 million monthly users through a new "DApps Browser" characteristic in the MEW mobile app.

The collaboration with DApp analytics site DappRadar opens the door for MEW users to access more than 2,000 Ethereum based decentralized applications including DeFi and NFT based protocols directly from their smartphone.

Through the DApps Browser, users can browse, search for and collaborate with DeDApps like UniSwap, SushiSwap and Balancer to access financial services such as loans, asset swaps, and staking. They can also rail their DeFi portfolios of loans and deposits.

The wallet software enables secure admission, with the individual key never leaving the device's secure encrypted storage, and never shared with the DApp.

Users can also admission other decentralized wallet apps including Condition and Trust Wallet. While the 3 apps have been downloaded more than than vi million times combined, DappRadar reports January only saw 72,000 daily active users, leaving plenty of room for growth from MEW's big user base.

Users can browse and search for specific DApps, and later this year it is expected that iOS users will be able to view rankings and metrics for 2000 DApps that are normally only visible through spider web browsers inside the MEW app. These metrics are likely to include daily, weekly, and monthly active users, full value locked, and trading volumes. MEW's Founder and CEO Kosala Hemachandra said:

"Our dedication to bringing DApps to all of our users, no matter how they choose to access them, reflects our belief that wallets tin, and should, become the hub where the entire Ethereum DApp ecosystem comes together."

The new features likewise enable users to admission the growing non-fungible token, or NFT, sector. Although withal very immature, the sector grew by 10x in January to more than $33 meg in value with this figure expected to ascent significantly in 2021. Some NFT artworks are now selling for hundreds of thousands of dollars.

DeFi protocols accounted for 95% of the $270 billion DApp transaction volume in 2020.

Before this week, DAppradar identified that although Ethereum is still the top canis familiaris when it comes to active users, rising transaction fees and scalability issues are increasing the bewitchery of alternate blockchains. Fees associated with some of the more than complex DeFi protocols have topped $1,000 at summit times

Nonetheless, with venture capital firm Outlier Ventures reported this week that developer activity appears to be waning on older "Ethereum killer" networks in favour of Ethereum-based DeFi protocols such as Aave and Balancer.