What Is Velodrome?

• Velodrome is an AMM designed as the central trading and liquidity marketplace on Optimism Network.

  It is the next evolution of theSolidly Exchange model introduced by Andrew Cronje.

Overview

In this dashboard, I will answer this question from Flipside Crypto:

• Q8. Let’s take a closer look at DEXs on Optimism, specifically Velodrome. Make a dashboard that compares Velodrome to any other Optimism DEX based on:

• Total number of swaps by day over the last month

• Total number of wallets swapping by day

• What are the most popular asset pairs to swap from and too

  Top 10 assets swapping from

  Top 10 assets to swap to

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Method

• For solve this question I use Optimism schema and fact_event_logs and fact_transactions table.

Conclusion

• Velodrome experienced nearby 264K swaps in the last month and most number of daily swaps in the last month was on 29 July with nearby 30K swaps and experienced nearby 312K swaps since inception compare with Uniswap, Uniswap experienced 86K swaps in the last month and most number of daily swaps in the last month was on 29 July with nearby 9.5K swaps and 123K swaps since inception. It’s Amazing Velodrome beat Uniswap in term of number of swaps.
• In one hand Velodrome experienced nearby 6.7K users in the last month and most number of daily users was on 28 July with nearby 1.4K users and nearby 7.3K users since inception in other hand Uniswap experienced nearby 26.4K users in the last month and most number of daily users was on 29 July with nearby 4.7K users and nearby 35.3K users since inception.
• In Velodrome and Uniswap USDC with this contract address = 0x7f5c764cbc14f9669b88837ca1490cca17c31607 is most popular asset in term of from and to asset. In Velodrome USDC had nearby 27% proportion of to swaps and had nearby 20% proportion of all from swaps. In Uniswap USDC had nearby 70% proportion of to swaps and had nearby 38% proportion of all from swaps.
• OP (0x4200000000000000000000000000000000000042) token had second place on Velodrome Finance but in Uniswap WETH (0x4200000000000000000000000000000000000006) had second place in top 10 from assets and in top 10 to assets WBTC (0x68f180fcce6836688e9084f035309e29bf0a2095) had second place.
• I discover Velodrome does not support ETH as pair of trade and you can just trade your assets into WETH. I think it’s a weak point.
• This users (0x04234893acac5096f4a1ad8fd952cc98b8c8ff46) had nearby 47% all transactions on Velodrome.