DEX Popularity: Tinyman, Algofi, Pactfi

Q70. Since the beginning of April, how has the growth of AlgoFi and PactFi impacted swaps on Tinyman? Show us how the Algorand DEX ecosystem is changing as each DEX grows.

What Are DEXs?

A decentralized exchange (or DEX) is a peer-to-peer marketplace where transactions occur directly between crypto traders. DEXs fulfill one of crypto’s core possibilities: fostering financial transactions that aren’t officiated by banks, brokers, or any other intermediary. Many popular DEXs, like Uniswap and Sushiwap, run on the Ethereum blockchain.

Users per day

The chart below shows the users on a daily basis for the last 2 months.

In this chart, the green area is related to Pactifi, the orange area related to Tinyman, and the blue area is for Algofi.

According to the chart, in total, most of the users chose Tinyman.

•March 12th: most of the users chose Pactifi and Algofi.

•March 11th: most of the users chose Tinyman.

note:The total user which had swaps on algofi March 11th and March 12th are so close so we can consider the most users who had swaps on algofi was on those days

Users percentage

According to the chart:

tinyman takes up the most space(around 71%) so most of user chose this DEX.
In second place, the amount of users had swaps on algofi was around 19%.
And in the end, pactfi is the least popular dex (around 10%)

This donut displays the Comparison of the amount of users in tinyman,algofi and pactfi.

In this chart, the green area is for Pactifi, the orange area for Algofi, and the blue area is for tinyman.

Algo volume of Tinyman, Algofi, Pactfi per day

The chart below shows the daily Algo volume of Tinyman, Algofi, Pactfi

In this chart, the green bar is for algofi, the orange bar for tinyman, the red bar for wagmiswap, and the blue area is for pactfi.

tinyman : The most volume of tinyman was on May 11th around 29K and the least volume was on the last day of this chart, May 21st around 2192
pactfi : The most volume of pactfi was on May 12th around 9555 and the least volume was on March 26th around 306
algofi : The most volume of algofi was on May 11th around 12.73K and the least volume was on May 21st around 511

note: The comparison of algofi is similar to tinyman and

wagmiswap : The value of wagmiswap is so low that it can be ignored

Comparing whales on each dex

Comparing USD volume and Average price

As a result, the tinyman has the most amount of wales, and the algofi hast the least amount.

The chart below shows the comparing whales on each DEX

The horizontal axis exhibits the DEX ,and the vertical axis exhibits the the amount of wales.

The chart below shows the daily Algo volume of Tinyman, Algofi, Pactfi vs the average

In this chart, the green bar is for tinyman, the orange bar for pactfi, the red bar for wagmiswap, the blue area is for algofi and the black line show the average.

tinyman : The most volume of tinyman was on April 11th around 17K and the least volume was on the last day of this chart, May 21st around 2434
pactfi : The most volume of pactfi was on May 12th around 9555 and the least volume was on March 26th around 306
algofi : The most volume of algofi was on May 11th around 12.73K and the least volume was on May 21st around 511