Monthly Swap Volume (Paraswap Bounties)

    Q2. Show the total monthly swap volume on ParaSwap over the past year. How has the swap volume changed over time? Which DEX’s is most of the swap volume coming from?

    Introduction

    Using ParaSwap, Ethereum and EVM-compatible chains like Polygon, Avalanche, BSC, and more can be consolidated into a single user interface that streamlines and simplifies the process of using decentralized finance.

    Method

    • To answer the bounty question, I used the ethereum_core.ez_dex_swaps table to find the total monthly swap volume on ParaSwap over the last year, as well as how the swap volume has changed over time. is most of the swap volume coming from?

    • For this, I extract the amount USD and the Platform columns and sum them by monthly timeframe and chart them.

    Analysis

    Conclusion

    • Since August of 2021 (TGE, token generate event), the popularity of DEX may be seen in the graph above over time. We can notice that, from November far now Uniswap-v3 have had more than 450M swap volume by monthly in average, that followed by Sushiswap.

    • Uniswap-v3 is the dex with most of the swap volume coming from.

    Discord: 0xHaM☰d#8391

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    • It was defined as the sum total amount of the swap volume (in USD).
    • According to the above PIE chart, Uniswap-v3 is the most popular with more than 50% shares of swap volume, followed by Sushiswap with 19% shares of swap volume, and then Curve & Uniswap-v2.