​🔎​Methodology

• Date of the merge is September 15.

• We limited our data with 30 days from Aug 27 to September 24.

• TVL Means the USD value of that pool combining

  token1_balance_usd+token0_balance_usd

• We choosed the two biggest pools of Uniswap by TVL, to concentrate our results we limited it with ETH pools

• Daily number of liquidity actions means the transaction numbers in that day with

• We used the

  ethereum.uniswapv3.ez_lp_actions+

  ethereum.uniswapv3.ez_pool_stats tables in this dashboard

🔎 What's in this dashboard?

In this dashboard we analysed the user behavior of Uniswap LP providers during the merge,

• Do they decreased their liquidity or increased it?

• How has the some pools, ETH balance and their TVL affected.

• Is there an decrease in the number of liquidity providers during the merge and does it increased after the merge.

• Does the decrease or increase transactions was popular among the users until the merge and after it.

  \

What is the Merge

Merge means the Ethereum’s switch from proof-of-work mechanism to proof-of-stake.

With Merge energy consumption of Ethereum dropped by 99.5%.

📌Conclusion

• Liquidity providers in Uniswap had definitely decreased their positions before the merge and increased it after the merge, reason of this could be the fear of losing their funds during the merge.

• From September 6 to - September 14 number of users decreasing their liquidity was majority, after the merge users started to increase their liquidity.

• On the Top 2 ETH pools of Uniswap, we saw a decrease in locked ETH especialy in USDC-ETH Pool, during the merge ( September 15 ) TVL reached local bottom in this two pool and after the September 15 we saw a increase in the locked ETH, this shows us successful merge affected the trust of liquidity providers in a positive way and users put their ETH in liquidity pools after withdrawing it.

Findings

📈In September 14 daily liquidity decrease transactions made a peak with 1418 decrease transaction

📈 After the merge liquidity increase transactions started to increase .

Findings

🔹​ We can see that until the September 6, most of the users was increasing their liquidity positions, from the September 6 to the September 15 ( Merge ) users started to decrease their liquidity positions.

Findings

⤴️ In September 14 users who decrease their liquidity made a peak with 758 unique users

⤴️After the merge users who wanted to increase their liquidity started to increase quickly

Findings

​🔮 We can see that from the Aug 30 to Sep 2 decrease transactions was popular.

🔮 From September 5 to September 14 ( One Day Before The Merge ) decrease liquidity transactions made a peak with %61.

Findings

​💣We can see that ETH amount in the USDC-WETH pool, started to decrease after the Sep 7.

​💣From Sep 12 to Sep 14 ETH balance started to increase while the TVL was dropping, users maybe wanted to protect their positions.

🚀After the merge WETH amount literally sky rocketed

Findings

​💣We can see that TVL of WBTC-WETH pool started to decrease after the Setember 11 and reached its bottom during the merge ( September 15 ).

🚀ETH amount in the pool started to sky rocketing after the merge similar to the USDC-WETH pool

Findings

​​​​​​​☑️ Both of the pools TVL reached its bottom during the merge.