Method :

For this analysis, I used the data of 4 uniswap,AAVE,Compound and MakerDAO and Y platforms.

• I used ethereum.uniswapv3.ez_pools and ethereum.uniswapv3.ez_lp_actions for extracting uniswap pools data.

• I used ethereum.aave.ez_withdraws for extracting AAVE pools Data.

• I used ethereum.compound.ez_redemptions for extracting Compound pools Data.

• I used ethereum.maker.ez_withdrawals for extracting MakerDAO pools Data.

• I used ethereum.compound.ez_redemptions for extracting Compound pools Data.

• The amount of ETH withdrawed from the MakerDAO platform has been increasing since September 11, and this trend continued until September 15 and then decreased. The dollar volume of ETH withdrawed in the last three weeks has reached more than $122 M.

Comparison of platforms :

Next, we compare Uniswap, Compound, AAVE and MakerDAO platforms in terms of the number of withdrawal transactions and the number of wallets that have withdrawn their ETHs from the platforms and the total volume of withdrawals.

UniSwap :

• As we can see, since September 9th, the volume of ETH removed from UniSwap has increased and reached its peak on September 13th. The dollar volume of removed ETH from UniSwap has almost repeated the same pattern.

AAVE

• The volume of ETH withdrawed from the AAVE platform pools has been increasing since September 11th, peaking on September 15th and then decreasing. On September 15, more than 358,000 ETH, equivalent to 564 million dollars of ETH , were withdrawn from AAVE pools.

Compound

• The volume of ETH removed from the Compound platform increased sharply on September 7, reaching 129,000 $ETH, and then decreased.

MakerDAO

• Most of the removed ETHs were from UniSwap pools, about 16.7 thousand $ETH were removed from the pools of this platform in the last three weeks. After that, AAVE is ranked second. Also, 4863 wallets have withdrawn their ETHs from UniSwap platform pools in the last three weeks, which is more than the other three platforms.
• The total volume of ETH removed from the UniSwap platform in the last three weeks: 6.6 M $ETH.
• The total volume of ETH removed from the AAVE platform in the last three weeks: 2.1 M $ETH.
• The total volume of ETH removed from the Compound platform in the last three weeks: 347K $ETH.
• The total volume of ETH removed from the MakerDAO platform in the last three weeks: 76 K $ETH.
• The total volume in USD of ETH removed from the UniSwap platform in the last three weeks: $10.2 B.
• The total volume in USD of ETH removed from the AAVE platform in the last three weeks: $3.4 B.
• The total volume in USD of ETH removed from the Compound platform in the last three weeks: $544 M.
• The total volume in USD of ETH removed from the MakerDAO platform in the last three weeks: $122 M.

• The number of withdrawal transactions and the number of wallets that have withdrawn their ETHs from UniSwap pools has been higher than other platforms.

• The growth in the volume of EThs removed from UniSwap pools in the last three weeks has been higher than the other three platforms.

• Most of the wallets that have removed their ETHs from UniSwap pools have removed between 0 and 0.5 ETH. 549 unique wallets have removed more than 50 ETH from UniSwap pools in the last three weeks.

• The outflow of ETH from the centralized exchanges during the last three weeks has been more than the inflow of ETH into the exchanges. This point seems a little strange. Because it was expected that this trend would be the opposite due to the Merge event. It can be assumed that the ethers collected have not been sold in centralized exchanges.

Concolusion :

From the above analysis, we obtained the following results :

1. since September 9th, the volume of ETH removed from UniSwap has increased and reached its peak on September 13th. The dollar volume of removed ETH from UniSwap has almost repeated the same pattern.
2. The volume of ETH withdrawed from the AAVE platform pools has been increasing since September 11th, peaking on September 15th and then decreasing. On September 15, more than 358,000 ETH, equivalent to 564 million dollars of ETH , were withdrawn from AAVE pools.
3. The volume of ETH removed from the Compound platform increased sharply on September 7, reaching 129,000 $ETH, and then decreased.
4. The amount of ETH withdrawed from the MakerDAO platform has been increasing since September 11, and this trend continued until September 15 and then decreased. The dollar volume of ETH withdrawed in the last three weeks has reached more than $122 M.
5. Most of the removed ETHs were from UniSwap pools, about 16.7 thousand $ETH were removed from the pools of this platform in the last three weeks. After that, AAVE is ranked second. Also, 4863 wallets have withdrawn their ETHs from UniSwap platform pools in the last three weeks, which is more than the other three platforms.
6. The total volume of ETH removed from the UniSwap platform in the last three weeks: 6.6 M $ETH.
7. The total volume of ETH removed from the AAVE platform in the last three weeks: 2.1 M $ETH.
8. The total volume of ETH removed from the Compound platform in the last three weeks: 347K $ETH.
9. The total volume of ETH removed from the MakerDAO platform in the last three weeks: 76 K $ETH.
10. The total volume in USD of ETH removed from the UniSwap platform in the last three weeks: $10.2 B.
11. The total volume in USD of ETH removed from the AAVE platform in the last three weeks: $3.4 B.
12. The total volume in USD of ETH removed from the Compound platform in the last three weeks: $544 M.
13. The total volume in USD of ETH removed from the MakerDAO platform in the last three weeks: $122 M.
14. The number of withdrawal transactions and the number of wallets that have withdrawn their ETHs from UniSwap pools has been higher than other platforms.
15. The growth in the volume of EThs removed from UniSwap pools in the last three weeks has been higher than the other three platforms.
16. Most of the wallets that have removed their ETHs from UniSwap pools have removed between 0 and 0.5 ETH. 549 unique wallets have removed more than 50 ETH from UniSwap pools in the last three weeks.
17. The outflow of ETH from the centralized exchanges during the last three weeks has been more than the inflow of ETH into the exchanges. This point seems a little strange. Because it was expected that this trend would be the opposite due to the Merge event. It can be assumed that the ethers collected have not been sold in centralized exchanges.