Monthly Swap Volume

    Of Sushiswap and Uniswap

    1. Objective

    The purpose of this investigation is to determine and compare the monthly swap volumes of Uniswap and Sushiswap.

    2. Monthly Volume

    The bar chart below shows the monthly Sushiswap volume in USD over the past year. Upon first look, we can see that there is no clear pattern except for high trade volumes in May and October. The trade volume can be attributed to the May crypto crash as a lot of investors were looking for exits. Although gas prices were relatively higher in October, there was an increase in trade volume due to the October bull market.

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    For Uniswap, volumes are generally larger than Sushiswap but we can see a similar pattern. Trades reached an all-time high in May, and that of October too was similarly high.