Question

• How many users are swapping via MetaMask vs other platforms?

• How much volume have these users done? Chart a comparison between the two, and show the following metrics over a time period of your choosing: transaction volume, average amount swapped, and a comparison of fees.

Data Analysis

The chart below shows the number of Metamask users who had transaction on Uniswap and Sushiswap since the beginning of 2022.

• Since the beginning of 2022, the number of Metamask users who had transaction on Uniswap and Sushiswap has been declining.
• Metamask users are more active on Uniswap than Sushiswap.

Methodology

• In this dashboard, the following tables have been used to extract data. >> ethereum.core.fact_event_logs

>> ethereum.core.ez_dex_swaps

>> ethereum.core.fact_transactions

• In this dashboard, the following steps have been completed.

  • 1. The number of Metamask users who trade daily on Uniswap and Sushiswap Dex has been analyzed.

  • 2. The volume of Metamask users' swaps on Uniswap and Sushiswap is compared.

  • 3. In the last step, the number of daily transactions of Metamask users along with their total daily transactions fee is examined.

• Time frame provided in this dashboard:

  • From the beginning of 2022

The chart below also shows the daily swap volume of Metamask users on Uniswap and Sushiswap.

• Since the beginning of 2022, the volume of swaps of Metamask users in both DEXs has been decreasing.
• Maximum swap volume in:
  • Uniswap: Jan 21, 130M $USD
  • Sushiswap: Jan 5, 100M $USD
• From the beginning of 2022 until now, almost every day except January 17, the volume of swaps of Metamask users on Uniswap has been more than Sushiswap. On January 17, the swap volume of those using Metamask wallets, on Sushiswap reached about 96M $USD.

In total, since the beginning of 2022, the swap volume of Metamask users on Uniswap has been almost double that of Sushiswap.

On average, since the beginning of 2022, the swap volume of Metamask users has been 33M $USD on Uniswap and 18M $USD on Sushiswap.

Since the beginning of 2022, about 1.3M of Metamask users have been active on Uniswap and about 378k of Metamask users on Sushiswap.

The chart below shows the number of daily transactions and the daily transaction fees of Metamask users.

According the chart above:

• Along with the decrease in the number of transactions of Metamask wallets, the fee paid by them has also decreased.
  • Tx Fee: Jan 1, 3,624 ETH --> Jun 20, 462 ETH
  • Tx Count: Jan 1, 238,475 TXs --> Jun 20, 136,896 TXs