Metamask vs. Other Platforms
Q3. How many users are swapping via MetaMask vs other platforms? How much volume have these users done? Chart a comparison between the two, and show the following metrics over a time period of your choosing: transaction volume, average amount swapped, and a comparison of fees.
MetaMask is a free web and mobile crypto wallet that allows users to store and swap cryptocurrencies, interact with the Ethereum blockchain ecosystem, and host a growing array of decentralized applications (dApps). It is one of the most widely used crypto applications in the world.
To solve this question, we must pay attention to the fact that first by referring to the specific address of this wallet and examining the functions that are performed for it, we try the number of samples of transactions and what can we do to limit them to more correct answers to Let's get it
To solve this question, we have obtained the addresses that performed the SWAP function with this wallet. We have obtained these addresses from the table ethereum.events_emitted
and TX_TO_ADDRESS_NAME !='metamask: swap router'
and TX_TO_LABEL_SUBTYPE !='swap_contract'
and TX_TO_LABEL_TYPE ='dex'
and TX_SUCCEEDED ='TRUE'
and TX_TO_ADDRESS !='0x881d40237659c251811cec9c364ef91dc08d300c'
and EVENT_NAME='Swapped'```
Our goal is to get other platforms for the SWAP function and how to get it by the table above
Therefore, we will compare Metamsk wallet with above platforms in SWAP function
Some data may not be true, which could be due to that the event.emitted table is not up to date correctly .
Now, according to the following diagrams, let's examine how many people traded through Metamsk and how many by the mentioned platforms.
The first graph is the number of transactions for the metamask platform and shows the rest of the said platforms.
As we can see, it has been steadily increasing since October 14, 2022, until it reached its maximum in August 2021, after which, like the number of transactions on other platforms, it has sharply decreased.
The chart above also shows the number of wallet addresses for each platform. Comparison between Metamsk wallet and other mentioned platforms
The chart above shows the total volume of transactions made by Metamsk Wallet on a daily basis and compares it with other platforms.
As we can see, the maximum volume done by Metamask Wallet is close to $ 25 million, which is very, very small compared to the volume available on other platforms.
Now let's look at two interesting charts together, and each is a look at these two platforms separately. The chart below shows the number of transactions made in the Metamsk wallet based on their volume.
As we can see, it is close to 40%. Transactions in the Metamuse wallet are worth between $ 500 and $ 1,000. Also, 12% of them were between $ 1 and $ 500, and only 14% of them are more than ten thousand dollars. have been
But let's look at this chart for the other platforms mentioned as well. As we can see, it is 27%. The number of transactions on these platforms was worth over ten thousand dollars, which is about 13% more than the Metamsk wallet. This shows that those with assets over ten thousand dollars prefer to trade on other platforms because they have more liquidity.
And let's take a look at the average volume that has been done by people in the Metamsk wallet and the rest of the platforms.
The chart above also shows the dollar volume of fees for Metamsk wallet and other platforms on a daily basis.