Optimism DEXs Bounty
Let’s take a closer look at DEXs on Optimism, specifically Velodrome. Make a dashboard that compares Velodrome to any other Optimism DEX
Question
Q8. Let’s take a closer look at DEXs on Optimism, specifically Velodrome. Make a dashboard that compares Velodrome to any other Optimism DEX based on:
- Total number of swaps by day over the last month
- Total number of wallets swapping by day
- What are the most popular asset pairs to swap from and too
- Top 10 assets swapping from
- Top 10 assets to swap to
- Total number of wallets swapping by day
- Total number of wallets swapping by each dex
Introduction
Velodrome Finance, at its core, is a solution for protocols on optimism to properly incentivize liquidity for their own use cases. Building on top of the groundwork laid out by Solidly, our team has addressed that first iteration's core issues to realize its full potential.
The team behind Velodrome Finance previously launched veDAO, an initiative incubated by Information Token. veDAO's founding mandate was to engage with the Solidly ecosystem, a protocol launched on the Fantom network by Andre Cronje, while driving long-term value to the veDAO community.
The veDAO team has since developed deep subject matter expertise on both Solidly, the veNFT primitive, and the ve(3,3) mechanism, becoming the go-to resource for protocols and chains seeking support around these topics.
By the numbers, veDAO, managed to attract $2.6B in TVL (total value locked) in the early days, securing ~10% of Solidly voting power and ~$1.1M USDC in treasury assets.
Method
I use optimism.core.fact_event_logs
, optimism.core.dim_labels
, optimism.core.dim_contracts
table in my work to get:
- Total number of swaps by day over the last month
- Total number of wallets swapping by day
- What are the most popular asset pairs to swap from and too
- Top 10 assets swapping from
- Top 10 assets to swap to
> The information collected in this dashboard is related to the last month.