Introduction

What is an NFT Aggregator?

In simple words, an NFT marketplace aggregator is a platform that allows users to easily trade NFT collections from different NFT marketplaces without having to visit those marketplaces.

Uniswap NFT Aggregator

Uniswap is a cryptocurrency exchange which uses a decentralized network protocol. Uniswap is also the name of the company that initially built the Uniswap protocol. The protocol facilitates automated transactions between cryptocurrency tokens on blockchain through the use of smart contracts. Uniswap as one of the most popular DeFi protocols for self-custodied token trades, has roughly 3.5 Billion USD in total volume locked and Now it wants to level the NFT playing field with its aggregator.

Earlier this year, Uniswap purchased NFT aggregator Genie and now, five months later, it has launched its own aggregator.

According to a new post on November 30, Uniswap announced that users can now trade nonfungible tokens, or NFTs, on its native protocol. As told by Uniswap, the function will initially feature NFT collections for sale on platforms.

the Uniswap aggregator allows users to view listings from OpenSea, X2Y2, LooksRare, Sudoswap, Larva Labs, X2Y2, Foundation, NFT20, and NFTX (more will come in the future!) all at once. Users can then assess prices across the board and determine whether they want to buy or sell their own NFTs, either individually or in batches. Despite the crypto winter this year causing a drop in the market for NFTs, major firms are still making moves in the field because they see a bright future for NFTs. Users of Uniswap’s NFT aggregator will have access to NFT listings from a variety of sources, including but not limited to leading marketplaces Moreover, customers will have the option to choose their own prices across the board in order to save money.

The Uniswap NFT aggregator is powered by the Universal Router smart contract and optimized by UX smart contract Permit2, both Uniswap inventions. According to the DEX, it unifies ERC-20 and NFT swapping into a single swap router. Integrated with Permit2, users can swap multiple tokens and NFTs in one swap while saving on gas fees.

Uniswap Aggregator combines inventories from multiple NFT marketplaces into one unified interface. This is more convenient for users and gives buyers a clear view of the market, allowing them to compare NFT prices and acquire NFTs from different sources, all in one consolidated purchase.

NFT aggregators offer several benefits to both NFT buyers and sellers. Here are some of them:

1. One unified interface for all - as mentioned earlier, Uniswap NFT aggregator displays stocks from multiple NFT marketplaces within a single interface, allowing users to avoid switching between marketplaces when trading NFTs.

2. Bulk or group purchases - In most existing NFT marketplaces, if you wish to buy multiple NFTs, you usually have to make each purchase individually. NFT aggregators such as Uniswap allow users to make bulk transactions simultaneously. 

3. Improves search efficiency - With their search algorithm and sorting, Uniswap NFT Aggregator allows users to search for any NFT they need using metadata and even natural language.

4. Personalized recommendations - Uniswap NFT aggregator allows everyone to find the needed data. users can find data according to their needs, whether an NFT investor or a new user.

5. More Gas Saving: A statement from Uniswap reads as follows:

> “Our latest Universal Router smart contract can save you up to 15% on gas costs compared to other NFT aggregators, saving our users tens of thousands of gas units over other marketplaces.”

So, there is more gas fee saving on Uniswap NFT aggregator!

Uniswap Genie Airdrop:

Uniswap has chosen to airdrop approximately 5 million USDC to certain historical Genie users to show their gratitude to longtime Genie users and welcome them into the Uniswap community. Based on a snapshot taken on April 15, 2022 at 00:00 UTC, Uniswap have created two tiers for recipients:

1. The $300 tier is available to wallets that completed more than one transaction before the snapshot.
2. The $1,000 tier is available to wallets that held the Genie: Genesis NFT as of the snapshot.
   • Users are eligible per unique address, meaning multiple Genie: Genesis NFTs in the same wallet are only eligible once.
   • This tier is also available to wallets that purchased a Genie: Genesis NFT or a Genie: Gem NFT between 5:59 pm and 9:15 pm UTC on June 21st.

Users are eligible for both tiers and can claim their airdrop in USDC on app.uniswap.org for the next 12 months (since 30th November 2022).

Uniswap Gas Rebate Promotion

To welcome the new users, Uniswap has started a gas rebates promotion that began on 30th November and ended on 14th December and is claimable on January 16, 2023, through the Uniswap app for 12 months.

The first 22,000 distinct wallets that purchase an NFT during this promotional period will qualify for a rebate on their first transaction. Partial transactions in which users successfully purchase some, but not all, NFTs are eligible for rebates. Failed transactions are not eligible. The gas rebate is capped at 0.01 ETH

• If a user spends 0.01 ETH or less on gas, their transaction is fully covered.
• If a user spends more than 0.01 ETH on gas, they’ll receive a 0.01 ETH rebate for that transaction.

According to the above data, till today (17th December 2022) there are total 3040 sale transactions done via Uniswap NFT aggregator made by 1970 unique buyers and 5290 unique sellers and with total 2.12M USD volume. (there are almost 2.5x more sellers than buyers)

The number of traded collections via these sales is 983 unique NFT projects and there are almost 5790 unique tokens that being traded via this aggregator. The average volume of sales on this aggregator is $233 USD and the median volume is $24.3.

Moreover, we can see there are total $283k generated transactions gas fees over the sales via this NFT aggregator and the average generated fee is 31.1 USD per transaction while the median amount is $16.86.

Based on the left chart, the majority of NFT sales via Uniswap NFT aggregator are done with $10 - $100 volume and the second rank belong to the sales with $100 - $1000 volume.

There are only less than 1% of sales that were done with more than $10000 volume via this aggregator.

Uniswap vs Blur vs Gem NFT Aggregators Comparison

Based on the above daily charts, the highest peak of sales via Uniswap NFT aggregator was during the first days of its launch and after these days, we can see kinda decreasing activity of NFT sales via this aggregator as time goes on. But in terms of volume and also average volume, there is not decreasing trend and we can see some several sudden high spikes over time while the average volume of sales is kinda increasing as time goes on. Also, we can see the highest number of new-first time purchasers on this NFT aggregator has achieved during the first 2 days of launch and after these days, as time goes on, there are low number of new first-time users who are using this NFT aggretator for the first time. Similar to the volume of sales, we can also see kinda increasing generated gas fees from transactions over time especially in terms of average generated fees which is slightly increasing as time goes on and this can not be good news for this aggregator that was supposed to save gas fees !

Sales on Marketplaces via Uniswap NFT Aggregator

According to the above charts, the majority of sales via Uniswap NFT aggregator were done on OpenSea (the largest NFT marketplace) in both terms of sales count and volume.

In terms of sale volume, LooksRare is on the second rank while in terms of sales count, we can see X2Y2 is on the second rank of marketplaces who have sold NFTs via Uniswap NFT aggregator.

Moreover, we can see there is only 1 done sale on Larva Labs (Cryptopunks) via Uniswap NFT aggregator and the generated volume by this sale is more than generated volume of single sales on other marketplaces (the most expensive sale action on Uniswap NFT aggregator).

Purchasers Stats

Based on the above charts, the average number of purchase transactions via Uniswap NFT aggregator by a buyer is 1.5 and the average number of purchased tokens is 4.5 and the average number of traded collections is 1.22 and the average volume of purchases is 1077 $USD.

Moreover, we can see that majority of buyers on Uniswap Aggregator have done only 1 trade and traded only 1 collection and also spent $100 - $1000 volume. The second rank belong to the users with 2 - 5 trades, 2-5 traded collections and total $10 - $100 spent volume on NFTs.

Based on the above charts, the wallet address 0xd7ee901beea1167802876b3e69d82b1e4ed6d1f9 has performed the most number of purchase transactions (34 purchases) via Uniswap NFT aggregator.

The wallet address 0x6d98c5b40356a3189298df88fe2d7108fa6265b7 has traded most number of tokens via this aggregator (158 tokens).

The wallet address 0xc805afc358852017ec0487b27d743091d632a4f3 has purchased most number of collections (12 NFT projects)

and the wallet address 0x2735cbd5117a76e38eceae4e3ba42043a2d8e521 has by far spent the most volume for purchasing NFTs via this aggregator (127.15K USD).

Sellers Stats

Based on the above charts, the average number of sale transactions via Uniswap NFT aggregator by a seller is 1.23 and the average number of sold tokens is 1.69 and the average number of traded collections is 1.09 and the average volume of purchases is 402 $USD.

Moreover, we can see that majority of sellers on Uniswap Aggregator have done only 1 trade and traded only 1 collection and also gained $10 - $100 volume. The second rank belongs to the sellers with 2 - 5 trades, 2-5 traded collections and total $100 - $1000 spent volume on NFTs.

Totally, Buyers on Uniswap NFT Aggregator were way more active than sellers and also spent the higher volume than the gained volume by sellers. However, we have seen that the number of sellers via this aggregator is almost 2.5x more than buyers.

Based on the above charts, the wallet address 0x506ac1d1bd4e32f4ed85d1df33d267e06533dc67 has performed the most number of sale transactions (22 sales) via Uniswap NFT aggregator.

The wallet address 0x162dfd3bed892860cdc32dac793b166c405ef2fb has sold the most number of tokens via this aggregator (109 tokens).

The wallet address 0xbdaa4fb29a4ef897c417b0a176dfb8c651c9d32d has sold the most number of collections (10 NFT projects)

and the wallet address 0x04657e98fc090e57624e29bae92139a439cd5429 has by far gained the most volume from selling NFTs via this aggregator (85.46K USD).

So, the top Uniswap NFT aggregator buyers were more active (performed more transactions, traded more tokens and collections) and also more worthy (spent higher volume) than top sellers.

Collections Stats

Froggy Friends is the most popular NFT collection sold via Uniswap NFT aggregator that generated the most number of sales, attracted the most number of sellers and also has the highest number of traded tokens.

the NFT project Lilpudgys has attracted the most number of purchasers.

and the NFT collection Mutant Ape Yacht Club (MAYC) has by far generated the highest volume of sales via Uniswap NFT aggregator.

Top Tokens

On the above, we can see the top 10 tokens by number of sales, number of buyers, number of sellers, total volume of sales and also the top 10 most expensive sold tokens on Uniswap NFT aggregator + their collection.

As we see, the token ID #1 from Rtfkt X Nike Monolith collecion has by far the most number of sales, buyers and sellers.

And the token id #6362 from Cryptopunks collection has by far generated the highest volume via Uniswap NFT aggregator and also is currently the most expensive sold token via this aggregator.

Gas Rebate Promotion

As mentioned earlier, To welcome the new users, Uniswap has started a gas rebates promotion that began on 30th November and ended on 14th December and is claimable on January 16, 2023 through the Uniswap app for 12 months.

The first 22,000 distinct wallets that purchase an NFT during this promotional period will qualify for a rebate on their first transaction. Partial transactions in which users successfully purchase some, but not all, NFTs are eligible for rebates. Failed transactions are not eligible. The gas rebate is capped at 0.01 ETH

• If a user spends 0.01 ETH or less on gas, their transaction is fully covered.
• If a user spends more than 0.01 ETH on gas, they’ll receive a 0.01 ETH rebate for that transaction.

Genie USDC Airdrop Statistics

As mentioned earlier, Uniswap has chosen to airdrop approximately 5 million (4878100) USDC to certain historical Genie users to show their gratitude to longtime Genie users and welcome them into the Uniswap community. Based on a snapshot taken on April 15, 2022 at 00:00 UTC, Uniswap have created two tiers for recipients:

1. The $300 tier is available to wallets that completed more than one transaction before the snapshot.
2. The $1,000 tier is available to wallets that held the Genie: Genesis NFT as of the snapshot.
   • Users are eligible per unique address, meaning multiple Genie: Genesis NFTs in the same wallet are only eligible once.
   • This tier is also available to wallets that purchased a Genie: Genesis NFT or a Genie: Gem NFT between 5:59 pm and 9:15 pm UTC on June 21st.

Users are eligible for both tiers and can claim their airdrop in USDC on app.uniswap.org for the next 12 months (since 30th November 2022).

there are a total of 4,878,100 allocated USDC for the airdrop and the number of eligible users for this airdrop is 15,928 unique wallets.

Till today (17th December 2022), 7648 wallets (48% of all eligible users) have claimed their airdrop while there are still 8280 wallets (52% of all eligible users) who did not claim their airdrop.

The total volume of claimed airdrop is 2.37M USDC (48.6%) so there is still 2.51M (51.4%) unclaimed USDC.

According to the above charts, the majority of eliglble users have claimed their airdrop during the first day of the distribution and also the highest volume of USDCs were claimed on this day (30th November).

After this date and as time goes on, we can see quite decreasing airdrop claiming activity as time goes on.

Based on the left charts, we can see most number of eligible users have received $300 USDC via airdrop distribution.

Also, the majority of these claimers (almost 76% of them) did not hold their claimed USDC and have spent it.

According to the above charts, Uniswap is by far the most popular destination of Genie Airdrop claimers and Metamask is on the second rank. we can also see some other popular protocols such as 1inch, 0x, Stargate, Sushiswap and dYdX on the next ranks.

So, as we see, the majority of these destnations are Decenetralized Exchanges meaning that these users tend to swap out their received USDC via airdrop.

And on the left, I have calculated the average wallet age of Genie Airdrop receivers (at the time of their claim) and we can see this number is 635 days.

Moreover, we can see the most number of airdrop claimers wallets have 12 - 15 months age.

Summary and Conclusion

According to the above analysis:

• The sales activity via Uniswap NFT aggregator was at its highest amount during the first days of its launch but as time goes on, the number of sales and also active traders is decreasing. Anyway, there was no visible decreasing trend of sales volume via this NFT aggregator while the average volume of sales is almost increasing as time goes on.
• The generated gas fees (total and average) via Uniswap NFT aggregator sales is increasing over time which is not good.
• OpenSea is the most popular marketplace for NFT trading via Uniswap NFT aggregator.
• The majority of sales via Uniswap NFT aggregator were done with $10 - $1000 volume while the most expensive sold token was Cryptopunk #6362 with 85.5k USD price (via Larva Labs platform).
• There are almost 2.5x more sellers than Buyers on Uniswap NFT aggregator but the buyers are way more active and also more worthy than sellers.
• There were total estimated 1832 unique wallets eligible for the Gas Rebate Promotion (users who have traded NFTs via this aggregator till 15th December 2022). There were 22,000 maximum eligible users for this promotion.
• Uniswap NFT aggregator is performing well on saving transactions gas fees and with comparing to the Blur and Gem NFT aggregator, Uniswap is generated the least transactions fees which is really good.
• Uniswap NFT aggregator sale performance during the first 14 days of its launch was better than both Blur and Gem aggregators.
• Almost half of eligible Genie Airdrop users have claimed their airdrop and there almost 52% of users (52% of allocated USDC) which have not still claimed their airdrop.
• The majority of Airdrop claimers did not hold their received USDC and Uniswap & Metamask are by far the most popular destination of these Airdrop receivers via their USDC.
• The highest peak of Genie airdrop activity was during the first days (especially first day on 30th November) of Airdrop distribution and after that there is significant trend line of claiming airdrop.

Discord: Ali3N#8546 Twitter: Alik_110 Email: Alik110.72@Gmail.com

Some External Sources:

Daily Over-Time Stats

On the above and left charts, we can see the overall comparison of Uniswap vs Gem vs Blur NFT Aggregators and this is obvious that Uniswap is on the last rank in all terms because this aggregator is way newer than other aggregators and it is only like 2 weeks passed from the launch of this aggregator.

But however, we can focus on average and median metrics. As we see, the average, median and also maximum volume of sales via Uniswap NFT aggregator is less than other 2.

In terms of fee, we can see the average generated fee by Uniswap aggregator sales is way less than GEM and almost equal (a little more than) Blur aggregator. However, the median generated gas fee by this aggregator is less than both of them and we can now conclude that this aggregator is performing satisfying on saving gas fees on NFT sales but I think it can still do better since the difference between the generated fees vs Blur is not so high (even Blur has better situation in terms of average fees).

On the left and above charts, I have calculated the average daily (overall) stats of these NFT aggregators.

As we see and as it was obvious (since its only 2 weeks passed from the Uniswap launch), the average daily volume and number of sales and traders and also traded tokens and collections on Uniswap is less than other aggregators which is not surprising.

But, we can see the average daily generated fees per transaction (labeled as Average Average transaction tx fee) on Uniswap is less than 2 other aggregators which shows the good performance of this aggregator on saving gas fees.

On the above charts, I have compared the sales activity and also generated fees during the first 2 weeks of launch for these 3 NFT aggregators.

We can see that in all terms Uniswap is perfroming way better than other 2 collections.

the number of sales and sales volume via Uniswap NFT aggregator during the first 14 days of its launch is more than other 2 NFT aggeregators while GEM has the worst situation in this ranking.

In terms of transactions fees, we can see the average generated gas fees by NFT sales during the first 14 days on Uniswap is less than both Blur and Gem (gem has the worst situation) and this is really good news and shows the good performance of Uniswap on saving gas fees.

Methodology

In this dashboard, I am going to perform an in-depth analysis of sales and trades on Uniswap NFT aggregator, compare its overall stats vs 2 other NFT aggregators (Gem & Blur), and also provide some useful data about Genie USDC airdrop.

The main table That I am going to use for NFT sales analysis is ethereum.core.ez_nft_sales considering that Uniswap NFT Aggregator (Universal Router) contract address is 0xef1c6e67703c7bd7107eed8303fbe6ec2554bf6b. So, we just have to filter the origin_to_address column in ezf_nft_sales table to this contract address in order to extract all sales that were done via the Uniswap NFT aggregator. For analyzing the data for the Blur aggregator we have to filter the origin_to_address column to ('0x000000000000ad05ccc4f10045630fb830b95127', '0x39da41747a83aee658334415666f3ef92dd0d541') and also filter platform_name to ‘Blur’ (or command) and for Gem, we should filter the origin_to_address column to ('0x0000000031f7382a812c64b604da4fc520afef4b', '0xf24629fbb477e10f2cf331c2b7452d8596b5c7a5', '0x83c8f28c26bf6aaca652df1dbbe0e1b56f8baba2'). Moreover, for a fair comparison, I have also compared the sales stats via these aggregators during the first 14 days of their launch (since on this analysis date, there are almost 2 weeks passed from the Uniswap NFT aggregator lanuch).

The main table that I am going to use for Airdrop stats is ethereum.core.fact_event_logs considering that the airdrop Merkle distributor contract address is 0x8b799381ac40b838bba4131ffb26197c432afe78 and the airdrop process has begun on 30th November 2022.

Based on the data provided by Uniswap and also thanks to the grand prize winner dashboard by Farid, there are a total of 4,878,100 allocated USDC for the airdrop and the number of eligible users for this airdrop is 15,928 unique wallets.

Overall Sales Stats on Uniswap NFT Aggregator

On the above table, you can see a full list of all traded collections via Uniswap NFT aggregator and also their sales stats (ordered by total volume of sales)

➡️

➡️

➡️

Cryptopunks #6362, the most expensive sold NFT via Uniswap NFT aggregator

➡️

➡️

➡️

There are total 1832 unique wallets who have purchased at least 1 NFT via Uniswap NFT aggregator before 14th December. On the right table, you can see full list of purchasers who are eligible to receive Gas rebate promotion (claimable on January 16, 2023) and also their first transaction date.

So, only 1832 of maximum 22,000 predicted wallets are eligible for this promotion.

And on the above charts, we can see the normalized %wise share of Uniswap, Blur and Gem NFT aggregators during the first 14 days of their launch over time. As we see in all terms especially number of sales, Uniswap is performing way better than other 2 Aggregators.

Moreover, we can see the average generated fees by this Aggregator is less than other 2 marketplaces in almost all days and this is another reason behind the successful performance of this Aggregator on saving gas fees.