Observations (Raydium)

• in terms of daily swap numbers, Raydium had the highest number of swaps was on 23 and 24 Nov with about 11K swaps. these days were spike in swaps number of Raydium since after these day number of Raydium swaps has experienced downward trend.
• in terms of swapper numbers, the highest number of swappers was on 23 Nov with about 1.8K but after that day swapper numbers has natural trend.
• regarding Swap Volume, the highest Swap volume was on 6 Dec with about 3.2B USD. in addition, this amount was eye-caching during this period.
• in terms of Cumulative data: Raydium has experienced about 102K swaps during this time, about 22.8K as Swappers and 3.2B USD as Cumulative Swap Volume.

Observations (Uniswap)

• in terms of daily swap numbers, Uniswap had the highest number of swaps was on 30 Nov with about 42.8K swaps. after this day number of Uniswap swaps has experienced downward trend and the lowest number of Uniswap trend was on 4 Dec with about 24.3K
• in terms of swapper numbers, the highest number of swappers was on 30 Nov with about 12.3K but after that day swapper numbers has approximately natural trend.
• regarding Swap Volume, the highest Swap volume was on 30 Nov with about 1.15B USD. in addition, this amount was a spike during this time and the lowest swap Volume was on 27Nov with about 365.5M USD.
• in terms of Cumulative data: Uniswap has experienced about 470K swaps during this time, about 123.5K as Swappers and 9.2B USD as Cumulative Swap Volume.

Compression Uniswap and Raydium

• in all criteria like swaps number, swapper numbers and Swap volume Uniswap has beaten Raydium by a wide margin.

Observations

• Uniswap has had 470K swap numbers during this time while Raydium has had about 100K. moreover, Uniswap has had about 78K swappers while Raydium has had about 12K. in addition, Uniswap has experienced about 9.2B USD as Total Swap volume and about 16.6K USD as Average swap volume during this time while Raydium has experienced about 3.2B USD as total swap volume and about 32.5K USD as average swap volume. only in this criteria Raydium has beaten Uniswap.

Observations

• in terms of investigate trade routes on Raydium, the token that users have converted it to another tokens was USDC with about 33.5K swap from transactions and about 40% ratio of all swap from transactions. also, USDC had had same situation on Uniswap with about 137K swap transactions and about 43% ratio of all swap from transactions but the most popular tokens on Uniswap that users have converted their tokens to it is WETH with about 305.5K swap transactions and about 70% ratio of all swap to transactions. on the other hand, USDC was the most popular destinations for Raydium users that had about 30K swap to transactions also has about 40% ratio of all swap to transactions on Raydium.
• in terms of token with the highest swap volume, users on Raydium converted about 2.85M USD Sol to another tokens during this time also Sol has about 36% ratio of swap from USD Volume. on the other hand, SOL is the most popular destinations for Raydium Users during this time with about 2.5M USD of their tokens were converted to SOL also SOL has about 31.5% ratio of all swap to USD volume.
• in terms of token with the highest swap volume, users on Uniswap converted about 2.7B USDC to another tokens during this time also USDC has about 70% ratio of swap from USD Volume. on the other hand, WETH is the most popular destinations for Uniswap Users during this time with about 3B USD WETH of their tokens were converted to also WETH has about 73% ratio of all swap to USD volume.

Observations

• 0x68b3465833fb72a70ecdf485e0e4c7bd8665fc45 this user is the most active user on Uniswap in terms of swap numbers with about 94.1K Swaps also this user has about 65.5% ratio of swap numbers while 0xa69babef1ca67a37ffaf7a485dfff3382056e78c this user has the highest swap volume with about 1.2B USD and about 23.5% ratio of all swappers volume during this time.
• 2Vusm1rNHH9h1iEuA8esQycSdQ2gDNHF3u7RG1qnrKD4 this user is the most active user on Raydium in terms of swap numbers with about 14.5K Swaps also this user has about 34.5% ratio of swap numbers while DmSfpFG8adR3fMBXPVCcRtDvqG6ZuLNaqw5Ktbd73rFM this user has the highest swap volume with about 121.5M USD and about 33.5% ratio of all swappers volume during this time.

Observations

• in terms of daily swap numbers per asset USDC and SOL has the highest number of daily swaps on Raydium. moreover, these tokens had the highest number of swappers and USDC had the highest swap volume with about 3.2B USDC on 6 Dec. in terms of cumulative data: USDC had the highest number of swap transactions with about 31K and after it Sol had about 21.5K also Sol had the highest number of swappers with about 7.7K and after it USDC had second place with about 5.6K. in terms of cumulative swap volume, USDC had the highest volume with about 3.2B USD.
• in terms of daily swap numbers per asset USDC and WETH has the highest number of daily swaps on Uniswap. moreover, these tokens had the highest number of swappers expect on 30 Nov since on this day Uni had second place with about 2.8K swappers. moreover, USDC had the highest swap volume during this time. in terms of cumulative data: USDC had the highest number of swap transactions with about 141K and after it WETH had about 86.5K also USDC had the highest number of swappers with about 34.1K and after it WETH had second place with about 21K. in terms of cumulative swap volume, USDC had the highest volume with about 5.5B USD and after it WETH had second place with about 527M USD..

Observations

• in terms of stablecoins swap numbers, Raydium had the highest number of Stablecoins swaps on 24 Nov with about 3.7K also the highest Stablecoins swap volume was on this day with about 1M USD but after it Stablecoins swap volume has experienced downward trend.
• in terms of stablecoins swap numbers, Uniswap had the highest number of Stablecoins swaps on 30 Nov with about 16.7K also the highest Stablecoins swap volume was on this day with about 895.7M USD but after it Stablecoins swap volume has experienced natural trend.
• Total Data: Raydium has experienced 33.5K stablecoins swap transactions while Uniswap has experienced about 164K. moreover, Stablecoins has about 4K swappers on Raydium while has about 25.5K swappers on Uniswap. furthermore, Stablecoins on Raydium have experienced about 6M USD as Total volume and about 178 USD as Average volume while on Uniswap they have experienced about 6B USD as Total Stablecoins volume and about 33K USD as average swap volume.

Observations

• in terms of Daily stablecoins swap numbers per each asset, USDC was the most popular tokens on Uniswap and after it DAI had second place. also, USDC and DAI had the highest daily swap volume among all Stablecoins. moreover, the highest number of stablecoins daily swaps was on 30 Nov and on this day USDC had about 14.5K swap numbers and about 837M USD as daily swap volume. on ther other hand, Raydium had the highest number of daily stablecoins swap on 24 Nov and on this day USDC had the highest number of swap with about 3.3K and on this day Raydium had the highest swap volume and USDC had about 1M USD swap volume on this day.
• on Uniswap USDC had the highest number of swaps with about 141.5K swaps and after it DAI has had about 21K. also, USDC has had about 84.5% ratio of all swaps. also, USDC has had the highest Stablecoins swap volume with about 5.5B USD and after it DAI has had second place with about 328.5M USD. also, USDC has had about 93% ratio of all stablecoins swap volume.
• on Raydium USDC had the highest number of swaps with about 31K swaps and after it USDT has had about 2.6K. also, USDC has had about 92% ratio of all swaps. also, USDC has had the highest Stablecoins swap volume with about 5.5M USD and after it USDT has had second place with about 487.2KM USD. also, USDC has had about 92% ratio of all stablecoins swap volume.
• Users on Raydium converted their stablecoins to at first SOL with about 5.2K swap numbers and after it Ray has second place with about 3.5K also, SOL has about 33% ratio of all swaps number. also, users has converted about 2M of their sablecoins to SOL and about 1.9M of their stablecoins to RAY. also, Sol has had about 42% ratio of converting stablecoins to another tokens. on the other hand, Sol has had the highest number of swap numbers that users converted their tokens to stablecoins with about 5.6K and after it users converted RAY to Stablecoins with about 4.4K transactions. also, users have converted about 2.5M USD SOL to Stablecoins during this time.
• Users on Uniswap converted their stablecoins to at first WETH with about 135.7K swap numbers and after it MLP has second place with about 2K also, WETH has about 95% ratio of all swaps number. also, users has converted about 4.6B of their sablecoins to WETH and about 6M of their stablecoins to MLP. also, WETH has had about 64% ratio of converting stablecoins to another tokens. on the other hand, WETH has had the highest number of swap numbers that users converted their tokens to stablecoins with about 48.6K and after it users converted WBTC to Stablecoins with about 6K transactions. also, users have converted about 457M USD WETH to Stablecoins during this time.
• Raydium: about 64.5% Users who swapped their stablecoins to another tokens, transfer was the first action of them after their swap, 15.5% withdraw was second popular event and about 1% of users delegate was their action after their swap. on the other hand, users who converted their tokens to stablecoins, about 64% ratio of them, transfer was the first action of them.
• Uniswap: about 50.5% Users who swapped their stablecoins to another tokens, transfer was the first action of them after their swap, 17% approval was second popular event. on the other hand, users who converted their tokens to stablecoins, about 50% ratio of them, transfer was the first action of them.
• about 95% users who swapped on Raydium, transfer was the first actions of them after their swaps while 50% Uniswap’s users Transfer was first actions of them after their swap.
• Uniswap has experienced about 3.7M USD as total fee during this time and each user has spend on average about $6.5 as gas fee while Raydium had about $1 as Gas Fee!!! this is very low amount but one of reasons of this amount is price crash of Sol during recent days.
• finally I investigate swap ratio of some token on Raydium and Uniswap to realize tend of users to buy or sell these tokens: On Raydium People tend to Sell ETH while they tend to buy and hold USDT while o Uniswap people tend to convert their USDT and Hold their Uni.
• To Sum Up: in all criteria except gas fee Uniswap has had better performance than Raydium.

What is Raydium?

Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX). Unlike any other AMMs, Raydium provides on-chain liquidity to a central limit orderbook meaning that funds deposited into Raydium are converted into limit orders which sit on Serum’s orderbooks. This gives Raydium LPs access to all of Serum’s order flow as well as their existing liquidity.

What Is Uniswap (UNI)?

Uniswap is a popular decentralized trading protocol, known for its role in facilitating automated trading of decentralized finance (DeFi) tokens.

An example of an automated market maker (AMM), Uniswap launched in November 2018, but has gained considerable popularity this year thanks to the DeFi phenomenon and associated surge in token trading.

Uniswap aims to keep token trading automated and completely open to anyone who holds tokens, while improving the efficiency of trading versus that on traditional exchanges.

Uniswap creates more efficiency by solving liquidity issues with automated solutions, avoiding the problems which plagued the first decentralized exchanges.

In September 2020, Uniswap went a step further by creating and awarding its own governance token, UNI, to past users of the protocol. This added both profitability potential and the ability for users to shape its future — an attractive aspect of decentralized entities.

Methodology

In this dashboard I will compare Uniswap and Raydium in terms of number of swaps, users, volume, etc. at 2 weeks ago. one of my reasons for choosing this subject is these dexs are two famous and popular platform on their networks so if I compare these, I can show compression between Solana and Ethereum. for reaching to my needed data I use Solana and Ethereum Schema.

If you have any questions, you can send messages in Discord for me:

My Discord Handle: Berg#0013