Liquidswap is the first AMM (Automated Market Maker) on the Aptos blockchain, created to enable safe and decentralized token swaps. The protocol uses smart contracts developed by the Pontem Network team, written in the Move language, and published on the Aptos mainnet Link.

My Tweet Link.

Liquidswap has experienced approximately 9.3 million swap transactions since its inception, a staggering figure that underscores its prominence. Additionally, the platform boasts approximately 800,000 swappers who have collectively exchanged around 230 million USD, highlighting its widespread adoption and utility.

The average swap volume per user on Liquidswap is about 75 USD, with a median swap volume of only 1 USD. This indicates that a significant portion, 50%, of users have engaged in swaps of 1 USD or less, reflecting a broad spectrum of transaction sizes.

The peak monthly swap transactions occurred in August 2023, totaling approximately 1.33 million transactions, while the highest number of monthly swappers was recorded in March 2023, with approximately 235,000 participants. The trend in monthly swap numbers was generally upward until August 2023, after which it shifted to a more neutral trajectory.

Furthermore, when grouping users by the number of swap transactions, the majority fell into the category of 1 to 5 transactions, while those with more than 50 transactions constituted the smallest proportion.

In terms of grouping transactions by volume, the majority of transactions belonged to the group exceeding $5000 USD, with the lowest number falling within the $1000 to $5000 range.

APT token emerged as the most popular token for swapping from/to, based on the number of swaps, whereas USDC claimed the top spot in terms of swap volume.

Additionally, the USDC-APT pair emerged as the most popular pair, boasting the highest number of transactions and volume.