Methods

In this question, we want to compare different DEXes From the perspective number of users and number of swaps.

For this purpose, we consider a time period from July 1, 2021. We first compare the total number of wallets that swap on each DEXes. We also compare the total number of swaps.

We then show the number of swaps and the number of active wallets during this period.

It is worth noting that we define an active wallet as: A wallet that has swapped an asset.

No clear trend can be found for the number of swaps or the number of active wallets.