Methodology

In this dashboard, we will first look at the daily number of users performing swaps on Paraswap for the first time. We will then look at the daily number of total users performing swaps on Paraswap. All data is from the past two months.

The daily number of users performing swaps on Paraswap for the first time peaked in mid-March, with over 40 new users performing swaps on March 12th. Most days over the past two months has seen less than 5 new users performing swaps for the first time.

Interestingly, the daily number of unique users performing swaps is very similar the number of users performing swaps for the first time. This suggests that most users over the past two months have not been repeat Paraswap users.

Conclusion

In conclusion, the number of users performing swaps on Paraswap for the first time has decreased significantly from highs in mid-March, and most users do not seem to be repeat users.