What is ETH used for?

It is most commonly known for its native cryptocurrency, ether, or ETH. Ethereum can be used by anyone to create any secured digital technology. It has a token designed for use in the blockchain network, but it can also be used by participants as a method to pay for work done on the blockchain.

How does ETH make money?

When a user interacts with the network by performing an action, it pays a transaction fee to miners and validators to process the transaction, also known as gas fee. The fee that users pay is often regarded as revenue for Ethereum, but most of it is burnt away with the rest being given to miners.

Method

> From ethereum.uniswapv3.ez_lp_actions, ethereum.maker.ez_withdrawals, ethereum.aave.ez_withdraws > > TOKEN0_SYMBOL = WETH, > > ACTION = DECREASE_LIQUIDITY, > > USER = LIQUIDITY_PROVIDER, > > DATE >= CURRENT_DATE - 30, > > total_transactions =count(DISTINCT tx_hash) > > Unique_user =count(DISTINCT DEPOSITOR_ADDRESS) > > total_amount = sum(WITHDRAWN_TOKENS)*-1 > > cumulative_amount = sum(total_amount) over (order by date asc) > > avg_amount = avg(WITHDRAWN_TOKENS)

Total Daily Users

This chart shows the total daily users over the last month on each protocol.

The X-axis shows the date, and the Y-axis shows the total number of the users.

According to the chart:

• Most of users participate on Uniswap.
• The highest number of Uniswap users was 616 on September 14th.
• After that, In the second place, The highest number of Uniswap users was 596 on September 6th.
• The highest number of Maker users was 42 on September 14th.
• The highest number of AAVE users was 62 on September 15th.

Total Daily Amount

The bar chart shows the total daily amount over the last month on each protocol.

The X-axis shows the date, and the Y-axis shows the total amount .

According to the chart:

• The most amount that was burnt was on Uniswap and accrued on August 19th.
• In the second place, The most burnt amount on Uniswap accrued on September 6th.
• The Maker amount and AAVE amount was so low so I ignored them.

Total Daily Transactions

This chart shows the total daily transactions over the last month on each protocol.

The X-axis shows the date, and the Y-axis shows the total number of the transactions .

According to the chart:

• Most of transactions was happened on Uniswap.
• The highest number of Uniswap transactions was 691 on August 19th.
• After that, In the second place, The highest number of Uniswap transactions was 683 on September 14th.
• The highest number of Maker transactions was 54 on September 15th.
• The highest number of AAVE transactions was 62 on September 15th.

Total Daily Average Amount

This chart shows the total daily average amount over the last month on each protocol.

The X-axis shows the date, and the Y-axis shows the total average amount .

According to the chart:

• The highest average amount was related to Uniswap and accrued on September 18th.

• In the second place, The highest Uniswap average amount was accrued on August 27th.

• The Maker average amount and AAVE average amount was so low so I ignored them.

Total Transactions

According to the result below:

• The total number of Transactions on Maker was 635, about 2.4%.
• The total number of Transactions on AVVE was 2850, about 10.7%.
• The total number of Transactions on Uniswap was 23.1, which consisted of 86.9% of the share.
• In conclusion, Most transactions were on Uniswap.

Total Users

According to the result below:

• The total number of Users on Maker was 334, about 5%.

• The total number of Users on AVVE was 236, about 3.55%.

• The total number of Users on Uniswap was 6070 and consisted of 91.4%.

• In conclusion, Most Users participated on Uniswap.

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Total Amount

According to the result below:

• The total amount on Maker was -113.2K.
• The total amount on AVVE was -1.273M.
• The total amount on Uniswap was -10.87M.
• In conclusion, Most amounts were burnt on Uniswap.

Total Average Amount

According to the result below:

• The total average amount on Maker was 178 about 16.7%.
• The total average amount on AVVE was 446 and consisted of 41.9%.
• The total average amount on Uniswap was 441 about 41.4%.
• In conclusion, The highest average amount was related to AAVE.

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Sources:

Conclusion

• Most transactions were on Uniswap.
• Most Users participated on Uniswap.
• Most amounts were burnt on Uniswap.
• The highest average amount was related to AAVE.