Base

On August 3 2023, base made its mainnet publicly available.
Base is a secure, low-cost, builder-friendly Ethereum L2 built on OP stack by CoinBase.

DEXes

DeFi is one of the most important and popular sectors of any blockchain. DEXs were created to remove the requirement for any authority to oversee and authorize trades performed within a specific exchange.

BaseSwap

BaseSwap: The premier DEX on Base Chain. Crafted by a Based team, for a Based community. From simple to sophisticated, BaseSwap offers it all.

BaseSwap selected the Base Network because of its robust security, cost-effectiveness, and its proficiency in supporting intricate decentralized applications (dApps).

https://baseswap.fi/

🗝️ Key takeaways

• The highest swap volume in a single day on Base was on August 15, on that day DackieSwap was the dominant DEX with over $40M in swaps in a single day.
• Since the Base mainnet launch almost every week a different DEX was dominant: first it was Sushiswap, then Dackieswap, after that it was Uniswap, which was dominant for a little longer and then finally the BaseSwap.
• Before Sep 14, the BaseSwap dominance was just around 5%-20%
• From Sep 14 to Oct 19 BaseSwap was dominant DEX in terms of swap volume. For the most part, it had 40%-70% share of the swap volume of all DEXes on Base with daily volume ranging from $~6M to $25M.
• This resulted in BaseSwap being the DEX with the highest total swap volume on Base - more than $500M. Uniswap is second with >$300M.
• In terms of number of swappers the Uniswap is #1, BaseSwap has ~40% less users than Uniswap, but 140% more swaps and 160% higher total swap volume. This means that BaseSwap users are more active and do more swaps with higher volume.

After you are done with this dashboard:

Check out my twitter for more interesting analytics threads ⬇️

🐦 twitter.com/mondov_dev

This dashboard's thread: x.com/mondov_dev/status/1718299630255985078 (also retweeted by BaseSwap 🤗💙)