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    ParaSwap - New Active Users

    Looking for new unique users that transacted with ParaSwap in the past two months

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    Overview

    For this question, we are looking for the number of new unique users that transacted with ParaSwap for the last two months. ParaSwap is a decentralized exchange aggregator that provides the best prices over multiple DEXs on the Ethereum blockchain

    Method

    We used ETHEREUM_CORE.EZ_TOKEN_TRANSFERS table to find the data we need. In order to find the new unique users, we tide each unique address to its first swap. This way when filtering the last two months based on the first usage, we know the addresses are unique. We also plotted the to and from ParaSwap in different figures.

    Analysis

    The number of unique addresses transacting with ParaSwap experienced a sudden drop from March 8 to March 17 2022. From then, it continued a almost uniform path with slight downward trend.