Optimism DEXs (redux)
:writing_hand: Observations
- The highest swap volume belongs to Velodrome on October 12 with about 11.8M dollars.
- The highest number of swappers belongs to Velodrome on October 12 with 7146 swappers.
- The highest number of swaps belongs to Velodrome on October 12th with 26.8 swaps.
- The number of swappers/swaps in Uniswap is slightly different from Velodrome , but the volume of swaps in UniSwap is much less than Valdrome.
- The lowest number of swappers/swaps belongs to SushiSwap.
- The highest average swap volume belongs to Uniswap on September 27 with 380.5 dollars.
The increase in the volume and number of swaps and the number of swappers in Valdrome on October 12 may be due to the news of boosting the $VELO - $USDC vault, which was accompanied by reward optimism.
:writing_hand: Observations
The cumulative chart of swap volume in the last 1 month in Velodrome is higher than Uniswap and SushiSwap.
As mentioned above, the volume of swaps in Velodrome is high, and considering that the number of swaps and number of swappers is high in UniSwap, but the volume is much less than Velodrome , and this can be seen from the summary charts.
The cumulative volume of swaps, the number of swaps and the number of swappers in Sushi Swap is lower than Velodrome and Uniswap .
:writing_hand: Observations
Total Number of swaps in the last month
- Velodrome→ 457.7k swaps
- UniSwap→ 99.1k swaps
- SushiSwap→ 3714 swaps
Total Number of swappers in the last month
- UniSwap→ about 48k swappers
- Velodrome→ 41.5k swappers
- SushiSwap→ about 1600 swappers
Total swaps volume in the last month
- Velodrome→ 193.4M dollars
- UniSwap→ 12.6M dollars
- SushiSwap→ 243.3M dollars
Average swaps volume in the last month
- Velodrome→ 127.4 dollars
- UniSwap→ 102 dollars
- SushiSwap→ 25.1 dollars
Median swaps volume in the last month
- Velodrome→ 22.6 dollars
- UniSwap→ about 7 dollars
- SushiSwap→ about 2 dollars
Maximum swaps volume in the last month
- Velodrome→ 1M dollars
- UniSwap→ 160.7k dollars
- SushiSwap→ 1.17k dollars
Minimum swaps volume in the last month
- Velodrome→ 0 dollars
- UniSwap→ about 0 dollars
- SushiSwap→ about 0 dollars
Top 10 Swappers by Number of Swaps
In this section, it shows the top 10 swappers based on the highest number of swaps in Velodrome, Uniswap and SushiSwap in the last moth.
- The best swapper in Velodrome→ wallet address 0xc4ed6555018d4360f983bf43937e584000b1951f with 40.7k swaps and 26M dollar.
- The best swapper in Uniswap → wallet address 0xff40b156a428758e2d37d95bbc3d1e185a394a66with 459 swaps and 13.7k dollars.
- The best swapper in SushiSwap → wallet address 0xfedd6c84c14e4fc36154dc863e72fd068d73b250with 381 swaps and 37k dollars.
Introduction
What is Optimism?
Optimism is a fast, stable, and scalable L2 blockchain built by Ethereum developers, for Ethereum developers. Built as a minimal extension to existing Ethereum software, Optimism's EVM-equivalent architecture scales your Ethereum apps without surprises.
What is Velodrome?
Velodrome is an AMM modeled on Solidly and designed to be a public good that provides deep liquidity and low slippage to token pairs critical for the growth of the Optimism ecosystem.
What is Uniswap?
Uniswap is a cryptocurrency exchange which uses a decentralized network protocol. Uniswap is also the name of the company that initially built the Uniswap protocol. The protocol facilitates automated transactions between cryptocurrency tokens on the Ethereum blockchain through the use of smart.
What is SushiSwap?
SushiSwap is a software running on Ethereum that seeks to incentivize a network of users to operate a platform where users can buy and sell crypto assets.




Method
I analyzed the following metrics in this dashboard on Velodrome, Uniswapand and SushiSwap.
For this analysis I used tables:
- Velodrome→
optimism.velodrome.ez_swaps
andoptimism.core.fact_transactions
- Uniswap→
optimism.core.fact_event_logs
andoptimism.core.fact_transactions
- SushiSwap→
optimism.sushi.ez_swaps
andoptimism.core.fact_transactions
Metrics that are analyzed in this dashboard:
- Total number of swaps/swapper by day over the last month
- Total swap volume by day over the last month
- Cumulative number of swaps/swapper by day over the last month
- Cumulative swap volume by day over the last month
- Top 10 Swappers by number of swaps
- Total number of wallets swapping by day
- Top 10 most popular asset pairs to swap from and too
- popular asset pairs: In my opinion, asset pairs The more number of swaps they have, the more popular they are.
- Top 10 assets swapping from by number of swaps
- Top 10 assets to swap to by number of swaps
The data obtained is for the last 30 days.

Total Volume/Number of Swaps/Number of Swapper by Day over the Last Month
Cumulative Volume/Number of Swaps/Number of Swapper by Day over the Last Month
Total Volume/Number of Swaps/Number of Swapper in the Last Month

Top 10 Most Popular Asset Pairs To Swap From and too
Top 10 Assets To Swap From by Number of Swaps
Top 10 Assets To Swap To by Number of Swaps
Conclusion
- The largest volume of swaps, the largest number of swappers and the largest number of swaps belong to Velodrome in the last 1 month.
- Valdrome's total volume of swaps and number of swappers as well as the number of swaps is higher than Uniswap and Sushiswap in the last 1 month.
- The highest swap volume belongs to Velodrome on October 12 with about 11.8M dollars.
- The highest number of swappers belongs to Velodrome on October 12 with 7146 swappers.
- The highest number of swaps belongs to Velodrome on October 12th with 26.8 swaps.
- The most popular asset pair on in all 3 DEXs based on the number of swaps was WETH/USDC.
- OP/USDC and VELO/USDC in Velodrome has been the most popular asset pair after WETH/USDC in the last 1 month.
- The highest number of swap from and swap to was for USDC and WETH in all 3 DEXs in the last 1 month.
- What is interesting is that stable coins are mostly swapped to other tokens.