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.
In this dashboard, we will look at the Metamask Swap and compare it with Other DEXes
- Number of swaps
- Total and Average USD volume
- Number of Swappers
- Fees
This Chart shows the number of swap transactions per day
- Uniswap(v2,v3) has the transaction volume per day
- Metamask is the lowest one with an average of 7K per day
- Sushiswap is a bit higher than Metramask with an average of 10K per day
USD Volume of Uniswap v3 is so much higher than the others, let's compare them on May 12th the market crashed
- Uniswap V3 reached $5.27B and is billions of dollars higher than the other
- Uniswap V2 is also higher than the others with $616M
- Sushiswap with $469M is in the 3rd place
- Metamask reached has $100M, times lower than Sushiswap
- And the lowest volume DEX is Paraswap with $7M
this figure shows how big was the size of the swaps and what kind of wallets swapped more, big or small wallets
- Uniswap with above $40K on average shows that the big wallets are here, also on May 12th reached $87K
- here against the upper chart the Sushiswap is in the Second place with above $6K per day
- Metamask, Uniswap V2, and Paraswap are so close on most days
Here are the Number of Wallets swapped per day
- there is a decreasing trend for Metamask and Uniswap V2
- Uniswap V2 has the highest number of unique wallets per day
- Uniswap V3 is in the second place with above 6K
- Metamsk 5K on average sits in the 3rd place
- Sushiswap with an average of 3K is 4th and Paraswap is so much lower with only 200 wallets
Here are the average Fees paid in USD for swaps, look at the Market crash days in May, Fees raised much up to $164 in Uniswap V3
let's look at the average in the last 10 days to compare them better
This figure shows the Average USD Fee paid in each DEX for Swaps, Metamask and Paraswap have the lowest Fees with $9.7 and $10.2, Uniswap V2 Fee is $12.5 about $2.5 higher than Metamask, Sushiswap with $15.1 and Uniswap V3 with $20.2 are in the next places.
- Uniswap V2 and V3 have the highest number of swaps per day
- Uniswap V3 Daily Volume is si much higher than others with above $1B per day on regular days
- Uniswap V3 has the highest average USD volume per swap, Sushiswap is in the second place and Metamask sits beside Uniswap V2 and Paraswap
- Metamask in terms of number of swappers sits after Uniswap V2, V3
- Paraswap and Metamask have the lowest average Fees with $10.5 and Uniswap V3 is the highest with $22.2 per swap