Metamask vs. Other Platforms

    How many users are swapping via MetaMask vs other platforms? How much volume have these users done? Chart a comparison between the two, and show the following metrics over a time period of your choosing: transaction volume, average amount swapped, and a comparison of fees.

    In this dashboard we are focusing on MetaMask in-app swap feature and comparing it with two famous platform on Ethereum, UniSwap v3 & SushiSwap In recent 6 Months.

    Let's start with MetaMask at first:

    Q1.How many users are swapping via MetaMask?

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    One of the Best features MetaMask is in app Swapping, Which users easily can Swap their tokens with some simple clicks in their own wallet.

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    So the Swap button has been clicked more than 5M times! but how much $USD is transferred on those swaps?

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    More than 1.5x of the Swaps number, sounds goo for MetaMask.

    Let' review the Famous Dexs statistics and compare it with MetaMask, at first, SuhsiSwap:

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    So Swapping in SuhsiSwap has less popularity than MetaMask Swapping, but how about $USD volume?!

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    As we see there is a huge difference between SushiSwap volume and MetaMask in-app Swaps volumem let's check UniSwap V2 status now:

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    UniSwap v2 is the leader of the swap count's, Let's check volume of the transactions:

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    Also in $USD volume UniSwap is the 1st by far.

    Here I'm showing you daily chart $USD volume of the transactions of each platform for better vision:

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    As the charts shows MetaMask record in 1 day is about 70M transaction volume in $usd, While the Sushi record is $635m and also at the most of days it's above the MetaMask record! however Sushi's record has fallen to lower numbers even $13m recently. In UniSwap figs are very higher the record is close to $810m single day! and even in the lowest days, the volume is has always been above $50m.

    After finding transaction counts and also the $USD volume of the transactions, We are going to check the fees, which plays important roles in Ethereum chain transactions:

    So MetaMask swappers paid more than 55 m $USD for fees! How about SushiSwap users?

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    Almost 2x comparing with MetaMask swappers, by the way the swaps counts were higher also so seem ok!

    Now it's time to check this on UniSwap

    No Surprise! by that majority of Swaps, they pay much more fees than MetaMask and SushiSwap.

    As the previous part let's check the daily stats of fess for each platform:

    The one interesting inn the chart in the Spike of fees in SushiSwap's chart on the middle of the May. We know middle of the may was red days for crypto with so many bad news like Terra collapse! Looks like the market falls effected on SushiSwap users so much!

    Final thoughts

    • UniSwap is the leader of everything here: the Swaps count, the $USD volume of transaction and also the fees paid.

    • Although The numbers are different but if You pay attention to the pattern of raise and falls in the carts, Users activities in all platforms are like to each other and the charts goes with same pattern through the time

    • With the spikes showing in the chart, it seems The red days of markets in the middle of the May effected on the SushiSwap's users more then MetaMask users and UniSwap.