What is Sushiswap?

SushiSwap is a software application that runs on Ethereum similar to other platforms such as Uniswap and Balancer. Also, it seeks to incentivize users when they buy and sell their crypto assets in its platform This decentralized exchange helps traders to swap their SushiSwap token with another token. Also, note that the value of SushiSwap token may be volatile in nature. The token is known as SUSHI, which represents a governance token. Further, the platform uses liquidity pools to achieve a liquid market. In the SushiSwap, users lock up their assets into holding.

Moreover, it is a growing Decentralized Finance (DeFi) platform that runs without any central operator administrator. In fact, SushiSwap emerged in the year 2020 as a storm in the cryptocurrency community. It gained popularity and has impacted the market of cryptocurrency on a large scale. The SushiSwap token has a market share of about $ 2 billion.

What Is the Ethereum Merge?

The Merge is an upgrade to the Ethereum blockchain, which powers innovations in the crypto ecosystem like non-fungible tokens (NFTs).

There's been a boom in crypto investing in recent years, with the value of the overall market more than doubling at one point last year as people piled their money into bitcoin, ether, dogecoin and other cryptocurrencies. Whether you are super into crypto and following every latest development in the space or you own a bit of crypto via a platform like Coinbase or Venmo, if you've heard about the so-called Merge you may be wondering what it actually means for you.

Methodology

select 
  trunc(hour,'day') as date,
  symbol,
  token_address,
  avg(price) as average_of_price,
  decimals
from ethereum.core.fact_hourly_token_prices
where hour::date >= '2022-09-01'
and hour::date < '2022-10-01'
group by date,symbol,token_address,decimals),
-----------------------------
select 'Add Liquidity' as cased, 
trunc(block_timestamp,'day') as date,
tx_hash, pool_name,
origin_from_address
from ethereum.core.fact_event_logs a join ethereum.core.dim_dex_liquidity_pools b on a.contract_address = b.pool_address
-----------------------------
select 'Remove Liquidity' as cased, 
trunc(block_timestamp,'day') as date,
tx_hash, 
pool_name,
origin_from_address
from ethereum.core.fact_event_logs a join ethereum.core.dim_dex_liquidity_pools b on a.contract_address = b.pool_address

Conclusion

• The highest number of Transactions was 443 on September 15th, The day the merging happened.
• The highest number of Users was 281 on September 15th.
• The highest USD Volume was about 46.3M on September 15th.
• The merging has positive effects on total Transactions, Total number of Users and Total USD Volume.
• The top first pool for removed liquidity and added liquidity based on Transactions and Users was ILV-WETH SLP. The top first pool for removed liquidity and added liquidity based on USD Volume was USDC-WETH SLP.

Sources

• https://money.com/what-is-the-ethereum-merge/#:\~:text=The Merge is an upgrade,-fungible tokens (NFTs).
• This Dashboard was written with help Masi :slightly_smiling_face:

Twitter : hadi3_bgh

Discord : hadiseb#1688

Total Transactions

According to these charts:

• The highest number of Transactions for removing liquidity was 203 on September 6th.
• The highest number of Transactions for Add liquidity was 273 on September 16th.
• The total number of transactions for removing liquidity was 4370, and, The total number of transactions for adding liquidity was 4250.
• About 50.7% of transactions were for Remove Liquidity, and 49.3% were for Add Liquidity.

Total Users

According to these charts:

• The highest number of users for removing liquidity was 213 on September 14th.
• The highest number of users for Add liquidity was 229 on September 16th.
• The total number of users for removing liquidity was 2870, and, The total number of users for adding liquidity was 2620.
• About 51.6% of users were for Add Liquidity, and 48.4% were for Remove Liquidity.

Total USD Volume

'

According to these charts:

• The highest USD Volume for removing liquidity was 30.2M on September 14th.
• The highest USD Volume for Add liquidity was nearly 29M on September 15th.
• The total USD Volume for removing liquidity was about 91.7M, and, The total USD Volume for adding liquidity was 64M.
• About 41.1% of USD Volume were for Add Liquidity, and 58.9% were for Remove Liquidity.

Top Added Liquidity Pools

According to these charts:

• The top first pool for added liquidity based on Transactions was ILV-WETH SLP with 459 transactions and consisted of 38.2%.

• The top first pool for added liquidity based on Users was ILV-WETH SLP with 344 users and consisted of 41.6%.

• The top first pool for added liquidity based on USD Volume was USDC-WETH SLP with about 42.8M USD and consisted of 75%.

Top Removed Liquidity Pools

According to these charts:

• The top first pool for removed liquidity based on Transactions was ILV-WETH SLP with 329 transactions and consisted of 40.8%.

• The top first pool for removed liquidity based on Users was ILV-WETH SLP with 283 users and consisted of 40.8%.

• The top first pool for removed liquidity based on USD Volume was USDC-WETH SLP with about 42.57M USD and consisted of 76.4%.