Tinyman Dex Popularity

    Q36. Tinyman was Algorand’s first DEX(decentralized exchange) and in 2022 we’ve seen the launch of three other DEXes: pactFi, algoFi, and Wagmiswap. Let’s look at the launch of these other DEXes and see how they have impacted the number of swaps on Tinyman.

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    In the table above and the chart below, all DEXes were examined in terms of the number of swaps in 2022, and based on that, the maximum number for:

    1- tinyman
    2- wagmiswap
    3- pactfi
    4- algofi

    have been.

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    The chart below shows the number of swaps and the number of SWAPPER by day for wagmiswap, according to which the most swaps were on February 21, 2022.

    The chart below shows the number of swaps and the number of SWAPPER by day for pactfi, according to which the most swaps were on March 4, 2022.

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    The chart below shows the number of swaps and the number of SWAPPERs per day for algofi, according to which the most swaps were on March 13, 2022.

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    The chart below shows the number of swaps and the number of SWAPPERs per day for tinyman, according to which the most swaps were on January 2, 2022.

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    Daily comparison of DEXes in terms of number of transactions

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    Daily comparison of DEXes in terms of number of transactions in a frame

    Conclusion:

    • Since the activation of algoFi, which was on 17 February 2022, the number of transactions and volume in Tinyman has decreased, but has returned to the previous number and volume.
    • Since pactFi was activated on 22 22 2022, the number of transactions and the volume of Tinyman have decreased to a limited number.
    • Since Wagmiswap was activated on 14 February 2022, the number of transactions and the volume of Tinyman have decreased insignificantly, but it has not had much effect.