Uniswap is a decentralized exchange (DEX) that operates on the Ethereum blockchain. It was launched in November 2018 by Hayden Adams and has since become one of the most popular DEXs in the world.

Uniswap uses an automated market maker (AMM) system to facilitate trades. This means that instead of matching buyers and sellers directly, Uniswap uses smart contracts to create liquidity pools for different pairs of tokens. These pools are then used to determine the price of each token relative to the other.

Users can trade any ERC-20 token on Uniswap, and there are no listing fees or permission requirements. This makes it easy for new projects to list their tokens and for users to access a wide range of assets.

One of the key features of Uniswap is its governance token, UNI. UNI holders have the ability to vote on proposals for changes to the protocol, such as adding new features or changing fee structures.

Overall, Uniswap has become a popular choice for traders and investors looking for a decentralized and open platform for trading cryptocurrencies.

The question to be solved is the following:

Is Uniswap attracting new users? How many transactions are they doing? Using the last twelve months of Ethereum data, visualize the number of monthly new users onboarding to Uniswap.

The new user attraction of the Uniswap program has been investigated in this analysis. This investigation is divided into the following parts:

• Attraction of new users on Ethereum and their activity
• Compare Uniswap with other DEXs on Ethereum
• Determine the performance of Uniswap on various chains

The data provided by Flipside has been used to handle this analysis.

• In this investigation, first of all, the attraction of new users by the Uniswap program has been investigated on the Ethereum network.
• Also, the comparison of Uniswap with other DEXs on the Ethereum blockchain has been investigated.
• The performance of Uniswap on various blockchains has been determined and compared.
• Metrics-> Monthly new users (swap and LP), Transactions by new users, distribution of new users by the count of interaction, Average time between first two transactions on Uniswap by new users.
• Blockchains-> Polygon and Optimism