Uniswap Under the Microscope: Uncovering the Secrets of User Behavior and Trading Patterns after Fee Changes

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    Ethereum
    Optimism
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    Polygon
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    Arbitrum
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    Note✍🏻

    This tab delves into a comprehensive analysis of the Uniswap frontend across multiple blockchain networks, including Ethereum, Optimism, Polygon, and Arbitrum. To identify the specific contracts associated with the Uniswap frontend on each network, a multi-pronged approach was employed.

    Firstly, I personally conducted transactions on the Uniswap frontend to gain firsthand experience and gather insights into the underlying contract interactions. Secondly, I leveraged the powerful capabilities of the Flipside database and its label table to systematically identify and pinpoint the Uniswap frontend contracts across these diverse networks.

    Initially, the focus was solely on analyzing the Uniswap frontend on Ethereum. However, recognizing the need for a broader perspective and a more comprehensive understanding of Uniswap's reach, the scope of the analysis was expanded to include Arbitrum, Polygon, and Optimism.

    For each network, a set of key metrics is presented, providing a clear snapshot of the Uniswap frontend's activity. These metrics include:

    • Total Number of Transactions: This metric reflects the overall volume of activity on the Uniswap frontend for each network, indicating the frequency of swaps and interactions.
    • Swappers: This metric quantifies the number of unique users engaging in swaps on the Uniswap frontend, providing insights into the user base and adoption.
    • Swap Volume: This metric represents the total value of assets swapped on the Uniswap frontend for each network, demonstrating the financial activity and liquidity within the ecosystem.

    Beyond these static metrics, the dashboard also presents time-series data for each metric, allowing for a dynamic visualization of trends over time. This enables a deeper understanding of how the Uniswap frontend's activity has evolved across different networks.

    Furthermore, the analysis extends to investigate the growth of transactions, swappers, and swap volume over time across multiple networks. This comparative analysis provides valuable insights into the relative performance of Uniswap on different blockchains, highlighting potential areas of strength and weakness.