Open Analytics Bounty: ETH (November 27): Ethereum DEXs & FTX Hack

    Introduction

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    Total number of swaps/number of swapper, Total/Average/Median swapped volume for each DEX

    Daily Charts of DEXs & Effect of Hacking FTX

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    UNISWAP V2

    UNISWAP V3

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    SUSHISWAP

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    CURVE

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    BALANCER

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    Top 10 of The Most Active Swappers (Swappers with Most of Transactions)

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    Observation X

    :1st_place_medal:The most active swappers

    > UniSwap v2

    SWAPPERDEXN_SWAPSTOT_SWAP_VOL
    10x2e3381202988d535e8185e7089f633f7c9998e83uniswap-v2191586968962931.839523
    20xbf5ae133b9a0fc1a07952a7df2afa21f7f69ef58uniswap-v2183959665011298.709339
    30x5ab9d116a53ef41063e3eae26a7ebe736720e9bauniswap-v2143383494647112.239432

    > UniSwap v3

    SWAPPERDEXN_SWAPSTOT_SWAP_VOL
    10xf07704777d6bc182bf2c67fbda48913169b84983uniswap-v3702544340516719.96
    20x91aae0aafd9d2d730111b395c6871f248d7bd728uniswap-v366886538273459.16
    30x8e8f818d3371f797a2db7edb32803607c8b3c6a9uniswap-v363543304047874.61

    > SushiSwap

    SWAPPERDEXN_SWAPSTOT_SWAP_VOL
    10x000002cba8dfb0a86a47a415592835e17fac080asushiswap912633650678507.65801
    20x91aae0aafd9d2d730111b395c6871f248d7bd728sushiswap59813238768040.926438
    30x0f4ee9631f4be0a63756515141281a3e2b293bbesushiswap555902441225371.00111

    > Curve

    SWAPPERDEXN_SWAPSTOT_SWAP_VOL
    10x5bd9dee999fe2c4e6efdbab2c395b4685b0c00d0curve116202695543936.79
    20x06fda5b767c8b6171045e6549aab369a9dea36fccurve10956454175161.65
    30xb0fe3d791038f52f369f4ce9eac43a883900f89dcurve10695186033039508.19

    > Balancer

    SWAPPERDEXN_SWAPSTOT_SWAP_VOL
    10x91aae0aafd9d2d730111b395c6871f248d7bd728balancer19418231271905.08
    20x1fd34033240c95aabf73e186a94b9576c6dab81bbalancer17518215910923.98
    30x000002cba8dfb0a86a47a415592835e17fac080abalancer9205298042216.3

    Top 10 of The Swappers with The Highest Volume

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    Observation XI

    :1st_place_medal:Top of The Swappers with The Highest Volume

    > UniSwap v2

    SWAPPERDEXN_SWAPSTOT_SWAP_VOL
    10x5a16552f59ea34e44ec81e58b3817833e9fd5436uniswap-v21349130855171.13163
    20xd5b47b80668840e7164c1d1d81af8a9d9727b421uniswap-v2766843806356.14959
    30xf69ea6646cf682262e84cd7c67133eac59cef07buniswap-v23155538625991.6835

    > UniSwap v3

    SWAPPERDEXN_SWAPSTOT_SWAP_VOL
    10xb58555fcba6479fced7de1485eb054943a09af7buniswap-v3433876356268462688.41
    20x654fae4aa229d104cabead47e56703f58b174be4uniswap-v355364261078995146.17
    30xb623f72c6611443c5cfde5bc4853b8df6d726f20uniswap-v31111650627524354.48

    > SushiSwap

    SWAPPERDEXN_SWAPSTOT_SWAP_VOL
    10x000002cba8dfb0a86a47a415592835e17fac080asushiswap910393650678507.65801
    20x6de2b77d89759c1275b99175494e29299f845cbcsushiswap180982560483682.50416
    30x0f4ee9631f4be0a63756515141281a3e2b293bbesushiswap534022441225371.00111

    > Curve

    SWAPPERDEXN_SWAPSTOT_SWAP_VOL
    10x65fb9db5fc926eb22ac5ae86e74242e0df44718ccurve10761.85226523300976e+22
    20xd7e1236c08731c3632519dcd1a581bfe6876a3b2curve28346.78493656755269e+21
    30x524cfae2daab901234c842f3a17235902b0f01f9curve38304.87396781374153e+21

    > Balancer

    SWAPPERDEXN_SWAPSTOT_SWAP_VOL
    10xf480fab87c07ec2ddd68a83ec0319bb466b1afa2balancer6251448387167.38
    20xa3f6accd609c656c145cae5280e743b544c69c5fbalancer135794507978.93
    30x81ebd07c0a0c150426c6ed75ab990787173f83bdbalancer1334522239159.49

    Top 10 Tokens with The Most of The Swapped Volume

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    Top 10 Pools with The Biggest Net Flow

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    Observation XIII

    :1st_place_medal:Top Pools with The Biggest Net Flow

    > UniSwap v2

    POOL_NAMETOT_AMOUNT_INTOT_AMOUNT_OUTNET_FLOW
    1USDC-WETH UNI-V2 LP42635676542.939842495264834.1064140411708.833389
    2WETH-USDT UNI-V2 LP38906868491.894238781480953.1625125387538.731651
    3DAI-WETH UNI-V2 LP15829553911.615615779178018.357350375893.2583122

    > UniSwap v3

    POOL_NAMETOT_AMOUNT_INTOT_AMOUNT_OUTNET_FLOW
    1WETH-ETHM 3000 609257130411.718080116552.71177013859.01
    2ARCX-WETH 10000 2001167638666.84868714044.35298924622.49
    3sILV-WETH 10000 20029256933081.6128964441278.85292491802.760006

    > SushiSwap

    POOL_NAMETOT_AMOUNT_INTOT_AMOUNT_OUTNET_FLOW
    1USDC-WETH SLP30627299881.647530522964949.9634104334931.684074
    2WETH-USDT SLP17903671634.734317843530150.632560141484.1017723
    3DAI-WETH SLP16105162537.997116051379726.71153782811.2861519

    > Curve

    POOL_NAMETOT_AMOUNT_INTOT_AMOUNT_OUTNET_FLOW
    1UST-3Crv curve LP14140492560106.119875407753.5814120617152352.5
    2FEI-3Crv curve LP1363385233743.39982943338.431362402290404.96
    3DOLA-3Crv curve LP309914249209.5269919034.47309644330175.03

    > Balancer

    POOL_NAMETOT_AMOUNT_INTOT_AMOUNT_OUTNET_FLOW
    1USDC-AVG BLP38648090.6923766267.314881823.39
    2FLX-USDC BLP16135352.754444839.6711690513.08
    3DAI-WETH BLP2763090981.152757688773.755402207.39999914

    Uniswap

    Uniswap is also a cryptocurrency whose symbol is (UNI). The Uniswap platform enables users to trade cryptocurrencies without any involvement with a centralized third party. The Uniswap blockchain is hosted on the Ethereum platform and governed by UNI holders. Uniswap describes its blockchain as a public good.

    Sushiswap

    SushiSwap is a software running on Ethereum that seeks to incentivize a network of users to operate a platform where users can buy and sell crypto assets.

    Similar to platforms like Uniswap and Balancer, SushiSwap uses a collection of liquidity pools to achieve this goal. Users first lock up assets into smart contracts, and traders then buy and sell cryptocurrencies from those pools, swapping out one token for another. [Source]

    Balancer

    Balancer is an automated market maker (AMM) that allows users to create liquidity pools with up to eight different tokens in any ratio. Balancer pools can be thought of as automatically rebalancing portfolios, wherein anyone can create or join a decentralized index fund and fees go to liquidity providers instead of intermediary fund managers. The Balancer protocol is governed by the Balancer (BAL) token, which can be earned via liquidity mining by depositing cryptocurrencies into Balancer’s liquidity pools. [Source]

    Curve

    Curve is a popular automated market maker (AMM) platform that offers a highly efficient way to exchange tokens while maintaining low fees and low slippage by only accommodating liquidity pools made up of similarly behaving assets. While this approach results in lower fees for the liquidity providers who supply the pools with tokens, Curve incentivizes their participation by integrating with external DeFi protocols and delivering rewards in the form of CRV tokens and interest. [Source]

    FTX Exchange

    FTX Exchange was a leading centralized cryptocurrency exchange specializing in derivatives and leveraged products. Founded in 2018 by MIT graduate and former Jane Street Capital international exchange-traded funds trader Sam Bankman-Fried, FTX offered a range of trading products, including derivatives, options, volatility products, and leveraged tokens. It also provided spot markets in more than 300 cryptocurrency trading pairs such as BTC/USDT, ETH/USDT, XRP/USDT, and its native token FTT/USDT.

    FTX and FTX.US wallets were emptied on the evening of ==Nov. 11== in an apparent hack. More than $600 million was drained from the wallets, CoinDesk reported. FTX posted about the hack on its support channel the instant-messaging service Telegram, saying, "FTX has been. [Source]

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    Observation I

    As it can be seen from charts UniSwap v2 has the most number of swaps and it is equal to 74.47M, 70.06% of all swaps.

    After UniSwap V2, there are UniSwap V3, SushiSwap, Curve and Balancer respectively.

    1st :arrow_right: UniSwap v2 → ==74.47M== → ==70.06==%

    2nd :arrow_right: UniSwap v3 → ==18.33M==→==18.1==%

    3rd :arrow_right: SushiSwap → ==9.22M== →==9.05==%

    4th :arrow_right: Curve → ==1.33M==→ ==1.32==$

    5th :arrow_right: Balancer → ==874K==→==0.85==%

    Observation II

    Number of Swappers:

    1st :arrow_right: UniSwap v2 → ==44K==→ ==50.5==%

    2nd :arrow_right: UniSwap v3 → ==16K==→==21.1==%

    3rd :arrow_right: SushiSwap → ==12K==→==15.7==%

    4th :arrow_right: Curve → ==7178==→ ==9.46==%

    5th :arrow_right: Balancer → ==1438==→==3.19==%

    Observation III

    Curve has the biggest total swapped volume: ==5e22 with {average volume: 4e16, median volume 35.04K}==,

    Second is Uniswap v3 total swapped volume: ==19.33T with {average volume: 871K, median volume 35.04K}==,

    Third is Uniswap v2 total swapped volume: ==378.2B with {average volume: 5.646, median volume 971.8}==,

    Forth is SushiSwap total swapped volume: ==176.3B with {average volume: 17.9K, median volume 3575}==,

    Fifth is Balancer total swapped volume: ==32.33B with {average volume: 33.2K, median volume 4932}==.

    Observation IV

    As you can see, on November 11, 2022, the day when the FTX exchange is hacked, the price of Ethereum will reach ==1270== USD to ==1111== USD with a downward trend. Therefore, this may affect the trading of DEX. In the following, we will examine the issue of how hacking the FTX exchange will affect Ethereum decentralized exchanges.

    Observation V

    The number of transactions will reach its peak of almost ==133k== on October 20, 2022. Then it will continue to decline until November 11, 2022, and after that it will fluctuate in one area. The amount of swapped volume reaches ==168 million== on November 10, and on ==November 11==, when the exchange is hacked, the swapped volume increases again, and on November 12, it reaches its maximum value of ==145 million==, and then decreases again. The average volume will reach ==3741== after November 11.

    The number of swaps and swappers, the volume of swaps, has been checked in a week before and after the hacking of the exchange and it shows that their amount has decreased after the hack.

    Observation VI

    The number of transactions will reach its peak of almost ==81.36K== on Nov. 9, 2022. Then it will continue to decline and fluctuate in one area. The amount of swapped volume reaches ==4.96B== on November 9, and on November 11, when the exchange is hacked, the swapped volume decrease to value of ==145 million==, and then decreases again. The average volume will reach ==33.62K== after November 11.

    The number of swaps and swappers, the volume of swaps, has been checked in a week before and after the hacking of the exchange and it shows that their amount has decreased after the hack.

    Observation VII

    The number of transactions will reach its peak on November 9, 2022, approximately ==17.28== ==thousand== transactions. Then it will continue to decrease. The amount of traded volume reaches ==89.30== million on November 9th, and on November 11th, when the exchange is hacked, the traded volume drops to ==45 million== and then drops again. Average volume after October 20 will reach ==6852==. After hacking, all these amounts have decreased significantly. The number of swaps and swappers, the volume of swaps in a week before and after the hacking of the exchange has been checked and it shows that their amount has decreased after the hacking.

    Observation VIII

    The number of swaps as well as the volume of swaps in a week after the hack compared to a week before the hack has decreased in both Curve and Balancer DEXs. On November 8, 2022, it has the most swapped volume in Curve. In Balancer, on November 9, the volume reaches the highest value, ==355 million==, and after the hack, on November 19, it reaches ==111 million==.

    Observation XII

    :1st_place_medal:Top Tokens with The Most of The Swapped Entry Volume

    > UniSwap v2

    SYMBOL_INDEXN_SWAPSTOT_SWAP_VOL
    1WETHuniswap-v235357053183074083852.429
    2USDCuniswap-v2383393130739329767.5203
    3USDTuniswap-v2336006823862383215.0779

    > UniSwap v3

    SYMBOL_INDEXN_SWAPSTOT_SWAP_VOL
    1WETHuniswap-v39869057327786067072.32
    2USDCuniswap-v33287355249483194550.6
    3USDTuniswap-v3160075767942782736.54

    > SushiSwap

    SYMBOL_INDEXN_SWAPSTOT_SWAP_VOL
    1WETHsushiswap455768882264853244.6162
    2USDCsushiswap62428416472002711.4373
    3USDTsushiswap47355210111369650.4963

    > Balancer

    SYMBOL_INDEXN_SWAPSTOT_SWAP_VOL
    1BALbalancer30365548349696.85
    2DAIbalancer923965593427147.42
    3FEIbalancer6166183759617.65

    :1st_place_medal:Top Tokens with The Most of The Swapped Output Volume

    > UniSwap v2

    SYMBOL_OUTDEXN_SWAPSTOT_SWAP_VOL
    1WETHuniswap-v227921934292314380124.215
    2USDCuniswap-v2383322830662436774.4729
    3USDTuniswap-v2323777423849633550.3952

    > UniSwap v3

    SYMBOL_OUTDEXN_SWAPSTOT_SWAP_VOL
    1WETHuniswap-v38586577327605303542.11
    2USDCuniswap-v33390648249791152705.56
    3USDTuniswap-v3153002467841585705.76

    > SushiSwap

    SYMBOL_OUTDEXN_SWAPSTOT_SWAP_VOL
    1WETHsushiswap435584083382120374.2704
    2USDCsushiswap67467316355796618.4209
    3USDTsushiswap48525010018045181.9472

    > Balancer

    SYMBOL_OUTDEXN_SWAPSTOT_SWAP_VOL
    1USDCbalancer1527727942909481.57
    2USDTbalancer329046784426705.51
    3WETHbalancer3190336450123697.56

    Methodology

    In this dashboard, we will check the number of swaps, the number of swappers, and the size of the Ethereum first layer network. Also, the impact of the FTX exchange hack on all these parameters. The top swappers are reviewed in terms of number of swaps and volume of swaps, and the top tokens are also reviewed in terms of number and volume of swaps. Finally, the pools and the best of them are given.

    Thank you for reading my dashboard, Hope you liked it.:smiley: