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In this article we first compare transactions volume on sushiswap platform against other dex's on ethereum network. And we compare the percentage of the sushiswap transactions volume , compared to other platforms.
First of all lets' look at dex's transactions volume and dex's label. chart below shows total dex's transactions volume over days in last two month.
This volume of transactions can include swaps, adding liquidity to the pool, and more.
as you can see top 3 platforms are uniswap , curve fi, sushiswap .
The chart below shows the volume of sushiswap transactions versus transactions of other platforms.
Chart below shows the percentage of volume of sushi swap transactions against transactions of other platforms.
On December 27, 2021, this percentage reached its maximum value of about 19 percent.
This increase in percentage was due to the increase in the price of sushi tokens and as a result of the increase in trading volume on the Sushi Swap platform.
This price increase started on December 20 and continued until the end of December. You can see the effects of this increase, in increasing the percentage of transactions volume of the SushiSwap platform compared to the rest of the platforms in the chart below.
Scatter / Plot chart shows, Due to the increase in the price of sushi token and the increase in the volume of transactions of the SushiSwap platform, the percentage of the SushiSwap platform share in the total volume of transactions has reached its highest value.
In dec 2021 sushiswap platform has most volume share .
On January 21, volume of transactions reached its highest level in the last two months.
Because on that day the crypto market experienced a big price correction.
most transactions volume belongs to uniswap, and curve fi, also sushiswap and 1inch.