Sushi during Volatile Times II

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    Transaction Count

    Below chart visualizes the number of transaction per month on each chain/network. We can see that Polygon shows the highest txn count overall, and across time in general. Number of transaction on Harmoy sees a significant rise from Aug 2021 to Oct 2021, then it steadily declines. The number of transaction on Ethereum is the lowest, and has been declining since Sept 2021.

    User Growth via swaps

    The folowing chart shows number of new address that acquired SUSHI for the first time via swaps. Polygon has the highest count of new address ranging from 200s to 2000s of new address. Ethereum and Harmony ranges within 10s to 100s of new address.

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    Findings

    In term of transaction count and user growth, Polygon yields the best output where it has high SUSHI swap activities and growing unique SUSHI holder. However this must be revised to identify whether it is a botted wallet or it is indeed a user.

    Introduction

    SUSHI is a governance token of Sushiswap. Sushiswap operates on multiple chains with their own liquidity on each chain. We are going to measure the performance of SUSHI on each chain.