1. Active Weekly Users
This dashboard looks at user interaction with the Uniswap protocol versus that of the Sushiswap protocol. Uniswap and Sushiswap are both decentralized exchanges on the Ethereum network, and allow users to swap assets and provide liquidity to their liquidity pools. The first graph in this dashboard looks at the weekly number of distinct users who are swapping using each protocol. Each week Uniswap has had a higher number of users than Sushiswap, and many weeks has had almost double. Although, over the course of 2021 it seems the gap has been bridging, with the number of Uniswap and Sushiswap users getting closer than ever from around August to November 2021. As for the weekly volume of swaps on each exchange, Uniswap has been far ahead of Sushiswap over the course of 2021, in some cases astronomically so, as was the case for the week of July 18th. While the number of users for each seem to be getting closer, the swap volume is not following this trend. One of the reasons Uniswap may have more users and swap volume compared to Sushiswap is that it has been around longer and is more established. In fact, Sushiswap is modeled after Uniswap and contains many similarities.