Try Quests to earn cryptoSushibar vs. Secondary Market
This dashboard compares xSushi holders in general with those who have bought some xSUXHI from the secondary market.
Introduction
xSUSHI is a token that one can earn through staking SUSHI tokens in the Sushibar on SushiSwap platform. xSushi can be also obtained in secondary markets. Secondary markets include decentralized exchanges (DEX) where provide liquidity pools offering xSUSHI swap.
This dashboard compares xSushi holders in general with those who have bought some xSUXHI from the secondary market.
The graph below shows the number of unique wallets swapped tokens for xSUSHI on decentralized exchanges per day. As can be see the trend is declining.
The data also shows that, among 2771 wallets who swapped for xSUHSI, 576 wallets (20%) has been involved in bentobox xSUSHI - Meowshi swap as well.
In total, there are 36,237 wallets that have held xSUSHI at least one day in the past year. Among those 2,771 wallets (7,65%) at least one time swapped any token for xSUSHI in decentralized exchanges.
Comparing xsushi holders in general and those who has received xsushi through DEX in terms of average xsushi balance reveals that the later group has higher balance of xsushi in average.
Delving into secondary market, we can identify the most popular pools (dexes) for swapping for xSUSHI.
The data below shows weekly number of swap for xSUSHI at the secondary market. Downward trend is obvious.
We can also see that uniswap has recently become more popular for swapping xSUSHI.
The donut chart below also shows the most popular pools or pairs for swap for xSUSHI.
Summary of findings
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The data shows that the daily number of unique wallets swapped for xSUSHI is decreasing which implies that the popularity of swapping for xSUSHI in secondary market is declining.
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Among xsushi holders some 7,5% has swapped for xsushi in secondary market.
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The group who has at least one time involved in swapping for xSUSHI in secondary market in average hold more xSUSHI than the average of xSUSHI holder.
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The most popular pairs of xsushi are in turn wETH, SUSHI, USDT, USDC, UST and Matic.
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Uniswap has recently offered more xSUSHI compared to the past.