Sushi vs Uni → Image Source

What is SushiSwap (SUSHI)? → Source

SushiSwap (SUSHI) is a decentralized exchange (or DEX) built on the Ethereum network. Originally forked from Uniswap, SushiSwap leverages smart contracts in order to provide liquidity pools that allow users to directly trade crypto assets — with no intermediary. Users can also become liquidity pool providers, supplying an equal value pair of two cryptocurrencies in order to receive rewards whenever anyone utilizes that pool. It is a decentralized finance (or DeFi) protocol.

What is Uniswap (UNI)? → Source

Uniswap is the largest decentralized exchange (or DEX) operating on the Ethereum blockchain. It allows users anywhere in the world to trade crypto without an intermediary. UNI, the governance token that allows users to vote on key protocol changes, is the fourth largest cryptocurrency by market cap on Coinbase as of April 2021 — with a total value of more than $18 billion.

✍️ Description of Work

In this dashboard, we want to compare and check Uniswap and SushiSwap on layer 2 blockchains such as Polygon, Arbitrum and Optimism. For this, we examine the following:

• Total Number of Swaps and Swapper for SushiSwap and Uniswap on Polygon, Arbitrum and Optimism
• Average Daily/Number of Swaps and Average Daily/Swapper for SushiSwap and Uniswap on Polygon, Arbitrum and Optimism
• Daily Number of Swaps and Swapper for SushiSwap and Uniswap on Polygon, Arbitrum and Optimism
• SushiSwap and Uniswap Top Pools by Number of Swaps on Polygon, Arbitrum and Optimism
• SushiSwap and Uniswap Top Swappers by Number of Swaps on Polygon, Arbitrum and Optimism
• Comparison of blockchains for SushiSwap and Uniswap with each other based on the Number of Swaps and Swappers
  • Total Number of Swaps and Swappers and Daily Number of Swaps and Swappers

🧠 Methodology

To address this dashboard, we will review the Polygon, Arbitrum and Optimism blockchains for SushiSwap and Uniswap, so we will review each separately:

• Optimism:

  • Sushiswap: To obtain Sushiswap swap transactions on optimism, we use the optimism.sushi schema and the ez_swaps table.

  • Uniswap: To obtain Uniswap swap transactions on optimism, we use the optimism.core schema and the fact_event_logs table, provided that:

    where origin_to_address in ('0xe592427a0aece92de3edee1f18e0157c05861564','0x68b3465833fb72a70ecdf485e0e4c7bd8665fc45') and event_name = 'Swap' 
    and tx_status = 'SUCCESS'
    

  • Uniswap contract addresses on Optimism include:

    • 0xe592427a0aece92de3edee1f18e0157c05861564 → Uniswap V3: Router
    • 0x68b3465833fb72a70ecdf485e0e4c7bd8665fc45== → Uniswap V3: Router

• Polygon:

  • Sushiswap: To obtain Sushiswap swap transactions on polygon, we use the polygon.sushi schema and the ez_swaps table.

  • Uniswap: To obtain Uniswap swap transactions on polygon, we use the polygon.core schema and the fact_event_logs table, provided that:

    where origin_to_address in ('0xe592427a0aece92de3edee1f18e0157c05861564','0x68b3465833fb72a70ecdf485e0e4c7bd8665fc45') and event_name = 'Swap' 
    and tx_status = 'SUCCESS'
    

  • Uniswap contract addresses on Polygon include:

    • 0xe592427a0aece92de3edee1f18e0157c05861564 → Uniswap V3: Router
    • 0x68b3465833fb72a70ecdf485e0e4c7bd8665fc45== → Uniswap V3: Router

• Arbitrum:

  • Sushiswap: To obtain Sushiswap swap transactions on arbitrum, we use the arbitrum.sushi schema and the ez_swaps table.

  • Uniswap: To obtain Uniswap swap transactions on arbitrum, we use the arbitrum.core schema and the fact_event_logs table, provided that:

    where origin_to_address in ('0xe592427a0aece92de3edee1f18e0157c05861564','0x68b3465833fb72a70ecdf485e0e4c7bd8665fc45') and event_name = 'Swap' 
    and tx_status = 'SUCCESS'
    

  • Uniswap contract addresses on Arbitrum include:

    • 0xe592427a0aece92de3edee1f18e0157c05861564 → Uniswap V3: Router
    • 0x68b3465833fb72a70ecdf485e0e4c7bd8665fc45== → Uniswap V3: Router

🔴 Optimism: Compare the market share of Sushiswap and Uniswap on Optimism

1 → 🔴 Optimism: Total Number of Swaps and Swappers for Sushiswap and Uniswap

✅ Observations

• In Optimism, the Number of Swaps is 1671080 for Uniswap and 11993 for Sushiswap. The Number of Swaps in Uniswap is 139 times that of Sushiswap

• In Optimism, the Number of Swappers is 205095 for Uniswap and 4496 for Sushiswap. The Number of Swappers in Uniswap is 45.6 times that of Sushiswap

• In Optimism, the Average Daily/Number of Swaps is 4914.9 for Uniswap and 75.9 for Sushiswap.

• In Optimism, the Average Daily/Number of Swappers is 603.2 for Uniswap and 28.45 for Sushiswap.

2 → 🔴 Optimism: Daily Number of Swaps and Swappers for Sushiswap and Uniswap

✅ Observations

• As you can see, in Optimism, the Number of Swaps for Uniswap is much more than Sushiswap, and users on Optimism use Uniswap more often.
• It can be seen that the Number of Swaps and Swappers has been increasing since Jun for Uniswap on Optimism
• The highest Number of Swaps and Swappers for Uniswap is on Jun 1,2022

3 → 🔴 Optimism: Sushiswap and Uniswap top Pools by Number of Swaps

✅ Observations

• On Optimism for Uniswap, the Top Pools are WETH-USDC, WETH-DAI and WETH-USDT respectively.
• On Optimism for Sushiswap, the Top Pools are WETH-USDC, WETH-OP and WETH-DAI respectively.
• In both Sushiswap and Uniswap, the Top Pools are related to WETH-StableCoin pools

4 → 🔴 Optimism: Sushiswap and Uniswap top Swappers by Number of Swaps

✅ Observations

• On Optimism for Uniswap, the Top Swappers are 0x837483786099e6ce8f1549dd596cd0975fb6e515, 0x873f13674697ed9b374c0149df3086d8eb8f754d and 0x4e9e54aeadfee2dd2300a286ccbcc6bb4423a094 respectively.
• On Optimism for Sushiswap, the Top Swappers are 0x45633cf115fadaeee689ca561af87fa717b47b3b, 0xfedd6c84c14e4fc36154dc863e72fd068d73b250 and 0x222cbf00836e3e1373816d34a2399b886ece3f3f respectively.

💜 Polygon: Compare the market share of Sushiswap and Uniswap on Polygon

1 → 💜 Polygon: Total Number of Swaps and Swappers for Sushiswap and Uniswap

✅ Observations

• In Polygon, the Number of Swaps is 2641891 for Uniswap and 4710075 for Sushiswap. The Number of Swaps in Sushiswap is 1.7 times that of Uniswap

• In Polygon, the Number of Swappers is 227153 for Uniswap and 585670 for Sushiswap. The Number of Swappers in Sushiswap is 2.5 times that of Uniswap

• In Polygon, the Average Daily/Number of Swaps is 8806.3 for Uniswap and 11108.6 for Sushiswap.

• In Polygon, the Average Daily/Number of Swappers is 757.1 for Uniswap and 1381.2 for Sushiswap.

2 → 💜 Polygon: Daily Number of Swaps and Swappers for Sushiswap and Uniswap

3 → 💜 Polygon: Sushiswap and Uniswap top Pools by Number of Swaps

✅ Observations

• The Number of Swaps and Swappers on Polygon in 2021 is ==much higher for Sushiswap than for Uniswap==, while from ==2022== onwards, the Number of Swaps and Swappers for Uniswap has been Increasing, and lately the Number of Swaps and Swappers for Uniswap has been much higher than Sushiswap.
• In Polygon, the highest Number of Swaps and Swappers for Sushiswap is related to the end of October and November of 2021.
• Polygon has the highest Number of Swaps and Swappers for Uniswap in the last three months

✅ Observations

• On Polygon for Uniswap, the Top Pools are USDC-WETH, MATIC-USDC and MATIC-WETH respectively.
• On Polygon for Sushiswap, the Top Pools are USDC-WETH==, ==WETH-USDT and WETH-DAI respectively.
• In Uniswap, the Top Pools are related to MATIC-OtherCoins pools
• In Sushiswap, the Top Pools are related to WETH-StableCoin pools

4 → 💜 Polygon: Sushiswap and Uniswap top Swappers by Number of Swaps

✅ Observations

• On Polygon for Uniswap, the Top Swappers are 0x88928ff265a144aef2c5e228d536d9e477a68cfc, 0xc6d5ad3c4002a1b48d87b83939698660516ae142 and 0x8b26320912935111300ddaeec15ea9a182ff6f1a respectively
• On Polygon for Sushiswap, the Top Swappers are 0x91f19c0335bc776f4693eeb1d88765243f63e9d6, 0x8888833335826e58f08ac68adb56477371fabc85 and 0x1a55713d01b291cde3370a14e82985418474c0a2 respectively

💙 Arbitrum: Compare the market share of Sushiswap and Uniswap on Arbitrum

1 → 💙 Arbitrum: Total Number of Swaps and Swappers for Sushiswap and Uniswap

✅ Observations

• In Arbitrum, the Number of Swaps is 1521666 for Uniswap and 1545861 for Sushiswap.

• In Arbitrum, the Number of Swappers is 217894 for Uniswap and 200781 for Sushiswap.

• In Arbitrum, the Average Daily/Number of Swaps is 8360.8 for Uniswap and 8493.7 for Sushiswap.

• In Arbitrum, the Average Daily/Number of Swappers is 1197.2 for Uniswap and 1103.1 for Sushiswap.

2 → 💙 Arbitrum: Daily Number of Swaps and Swappers for Sushiswap and Uniswap

✅ Observations

• As you can see, in Arbitrum from the beginning to the end of August 2022, the Number of Swaps and Swappers for Sushiswap and Uniswap was almost equal and had a stable trend.
• Since the end of August 2022, the Number of Swaps and Swappers for Sushiswap and Uniswap has seen a Significant Increase.

3 → 💙 Arbitrum: Sushiswap and Uniswap top Pools by Number of Swaps

✅ Observations

• On Arbitrum for Uniswap, the Top Pools are ETH-USDC, ETH-GMX and ETH-USDT respectively.
• On Arbitrum for Sushiswap, the Top Pools are WETH-USDC==, ==MAGIC-WETH and WETH-USDT respectively.
• In Uniswap, the Top Pools are related to ETH-OtherCoins pools
• In Sushiswap, the Top Pools are related to WETH-OtherCoins pools

4 → 💙 Arbitrum: Sushiswap and Uniswap top Swappers by Number of Swaps

✅ Observations

• On Arbitrum for Uniswap, the Top Swappers are 0xf8caeb4070c9ddf9d8a2952d1fc17e3ca6e18b07, 0x565d82c9c9584d21ad8ee5a73b56ce71daced7e2 and 0xd0db388f32328915654e88db4241eb45fa6ed559 respectively
• On Arbitrum for Sushiswap, the Top Swappers are 0x6176d59e25b4e6aabf524a40eb05739d28a0049c, 0x7b71570b01e5d1986a20f97a0db0d309cf685227 and 0x14699116ea6de0bccef5e1ae7e531ab2310afcfd respectively

🆚 Comparison of blockchains for SushiSwap and Uniswap (From ==2022-06-01== onwards)

✅ Observations

• As you can see, from 2022-06-01, the Number of Swaps and Avg Daily/Number of Swaps for Uniswap on Polygon is more than Sushiswap, and also ==more than== the Number of Swaps on Uniswap on Optimism and Arbitrum.
• As you can see, from 2022-06-01, the Number of Swaps and Avg Daily/Number of Swaps for Sushiswap on Arbitrum is ==almost equal== to Uniswap, and it is also ==more than== the Number of Swaps in Sushiswap on Optimism and Polygon.
• From 2022-06-01, the Number of Swappers and Avg Daily/Number of Swappers for Sushiswap and Uniswap on Arbitrum is ==almost equal==, and it is also ==more than== the Number of Swaps in Sushiswap and Uniswap on Optimism and Polygon.

✔️ Conclusion

After comparing Sushi vs Uni on L2, we found the following results:

> * In Optimism the Number of Swaps in Uniswap is 139 times that of Sushiswap. > * In Optimism the Number of Swappers in Uniswap is 45.6 times that of Sushiswap. > * In Optimism, the Average Daily/Number of Swaps is 4914.9 for Uniswap and 75.9 for Sushiswap. > * In Optimism, the Average Daily/Number of Swappers is 603.2 for Uniswap and 28.45 for Sushiswap. > * In Polygon the Number of Swaps in Sushiswap is 1.7 times that of Uniswap. > * In Polygon the Number of Swappers in Sushiswap is 2.5 times that of Uniswap. > * In Polygon, the Average Daily/Number of Swaps is 8806.3 for Uniswap and 11108.6 for Sushiswap. > * In Polygon, the Average Daily/Number of Swappers is 757.1 for Uniswap and 1381.2 for Sushiswap. > * In Arbitrum the Number of Swaps and Swappers in Sushiswap and Uniswap Almost Equal. > * In Arbitrum, the Average Daily/Number of Swaps is 8360.8 for Uniswap and 8493.7 for Sushiswap. > * In Arbitrum, the Average Daily/Number of Swappers is 1197.2 for Uniswap and 1103.1 for Sushiswap. > * The Number of Swaps and Swappers has been increasing since Jun for Uniswap on Optimism > * The Number of Swaps and Swappers on Polygon in 2021 is much higher for Sushiswap than for Uniswap > * In Polygon, From 2022 onwards, the Number of Swaps and Swappers for Uniswap has been Increasing, and lately the Number of Swaps and Swappers for Uniswap has been much higher than Sushiswap. > * In Arbitrum, from the beginning to the end of August 2022, the Number of Swaps and Swappers for Sushiswap and Uniswap was almost equal and had a stable trend. > * In Arbitrum, Since the end of August 2022, the Number of Swaps and Swappers for Sushiswap and Uniswap has seen a Significant Increase and Almost Equal. > * On Optimism for both Sushiswap and Uniswap, the Top Pools are related to WETH-StableCoin pools. > * On Polygon for Uniswap, the Top Pools are related to MATIC-OtherCoins pools. > * On Polygon for Sushiswap, the Top Pools are related to WETH-StableCoin pools. > * On Arbitrum for Uniswap, the Top Pools are related to ETH-OtherCoins pools. > * On Arbitrum for Sushiswap, the Top Pools are related to WETH-OtherCoins pools. > * From 2022-06-01, the Number of Swaps and Avg Daily/Number of Swaps for Uniswap on Polygon is more than Sushiswap, and also ==more than== the Number of Swaps on Uniswap on Optimism and Arbitrum. > * From 2022-06-01, the Number of Swaps and Avg Daily/Number of Swaps for Sushiswap on Arbitrum is ==almost equal== to Uniswap, and it is also ==more than== the Number of Swaps in Sushiswap on Optimism and Polygon. > * From 2022-06-01, the Number of Swappers and Avg Daily/Number of Swappers for Sushiswap and Uniswap on Arbitrum is ==almost equal==, and it is also ==more than== the Number of Swaps in Sushiswap and Uniswap on Optimism and Polygon.

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