Understanding the Monthly Swap Volume on Sushiswap and Uniswap
The monthly swap volume at Sushiswap has been increasing steadily over the past year. In contrast to Uniswap, their monthly swap volume has been decreasing over the past year, even though the Uniswap platform outperforms Sushiswap in raw monthly swaps numbers. The main driver for Uniswap's decrease in total monthly swap volume is the decreasing usage of the Uniswap_V2 protocol, whereas Uniswap_V3 use has been steady.