Conclusion

In conclusion, our comprehensive On-Chain Analytics Dashboard for Velodrome showcases the remarkable growth and increased engagement of the platform's user base between Q4 2022 and Q1 2023. The significant expansion in swap volumes, fee volumes, and rewards distribution highlights the platform's potential for further development within the decentralized finance ecosystem. Additionally, the steady increase in governance participation and the dynamic rewards distribution reflect a strong community involvement and commitment to the platform's future. As the largest decentralized exchange on the Optimism blockchain, Velodrome continues to demonstrate its relevance and importance in the rapidly evolving DeFi landscape. By utilizing our dashboard, users can gain valuable insights and make data-driven decisions to navigate the ever-changing world of decentralized finance. As Velodrome continues to grow and innovate, staying informed and engaged with these on-chain metrics will be crucial for users looking to maximize their success in this dynamic sector.

Velodrome Q4 2022 vs. Q1 2023