Method

The information of this dashboard is from the last ==30 days== until today and most of the charts are divided into two parts '==Before collaboration==' and '==After collaboration==' and the date ==2023-02-07== is the basis of this event.

The charts on the ==right== side of this dashboard are related to ==UniSwap== and the charts on the ==left== are related to ==AAVE==.

1. For ==Uniswap== data i used ==uniswapv3== database from ethereum and used this specific table to grab the needed data : ==“ethereum.uniswapv3.ez_lp_actions”== , ==“ethereum.core.fact_hourly_token_prices”==
2. For ==Aave== data i used ==Ethereum.aave== database and used these 3 tables: ==“ethereum.aave.ez_deposits”== , ==“ethereum.core.fact_hourly_token_prices”== , ==“ethereum.aave.ez_withdraws”==

AAVE

UniSwap

Information on the number of transactions

1. In the first section we will take a look at the transaction situation of Uniswap and AAVE in the graphs bellow. The left side column of graphs is showing the AAVE information and the right side column graph represents the Uniswap information.
2. The transactions are split in to two parts, the blue columns show the daily number of transactions before the collaboration and the orange columns show the number transactions after the collaborations. The first row is about the number of daily deposit of each platform. In the first graph we have the deposits of AAVE and here we can see after Feb 6th, which the collaboration took place, the columns started to vibrate and reach the peaks on 10th, 13th and 20th and this continued until Feb 26th which we had 70 deposits, the following graph represents the deposit transactions of Uniswap and here it is easier to understand that the number of deposits got a noticeable raise after the event.
3. By looking at the second row of the graphs you can immediately understand that the number of transactions on a daily basis here, are also similar to the first row. AAVE oscillated its way through and Uniswap got an increase in numbers after Feb 6th.
4. The normalized forms bellow help you understand the situation much easier based on the daily comparison of deposits and withdraws we can see after the collaboration AAVE withdraws then deposits on each day which is not the case for Uniswap and after Feb 6th Uniswap had more deposits on every single day.

Information on the volume of transactions

1. In the second section we have the volume of transactions on a daily basis in the same order as before, the first column is about AAVE and the second column of graphs belong to Uniswap.
2. In the first row we have the volume of deposits, in the first graph we can see no major difference between the deposit volumes before and after the event on most days except Feb 12 which we had an enormous amount of volume worth more than 11M on a single day. The following graph is showing the daily deposit volume of Uniswap and after Feb 6th we have so many ups and downs but as you can see the overall status suggests that the deposits got a raise and the peak was reached on Feb 10.
3. Based on the cumulative deposit amount of each platform shown in the second row of graphs, the deposit amounts reached 29.7M and 24.5M respectively. The deposits of Feb 13th resulted in the high amounts of cumulative deposition and before that the numbers were much lower than Uniswaps.
4. In the withdraws we can see the columns indicating the withdraw amounts of days are pretty similar looking to the ones in the deposit section, even the drops and peaks happened on the same day as deposit’s. The final withdraw amount of each platform is 31.4M and 24.5M respectively.
5. The final row of the current section show the net deposit volume of each platform and here we can see the most positive net deposit of each platform happened on Feb 13th for AAVE and Feb 12th and 15th on Uniswap.

1. In the following graphs bellow we see the daily transactions distributed by their amount of $ETH. In the first row if we compare Feb 13th of left side with Feb 15th of right side we can see around 70% of the transactions of Feb 15th are less than 5 $ETH while a bigger portion of transactions are for more than 5 $ETH segments (The number of transactions on Feb 13th of AAVE are close to 140 but on Feb 15th of Uniswap the number of transactions are close to 2000).
2. Similar to the deposit information, we can see in the withdraws that despite the high number of transactions on Uniswap platform a very large portion of them conclude the less than 5 $ETH transactions. On the other hand the more than 5 $ETH segments are much larger on AAVE platform compared to the Uniswap. The normalized forms also prove that if we compare the the daily transactions with percentage and not numbers, a larger percentage of the transactions on Uniswap platform value less than 5 $ETH.

User information

1. Based on the user information we can see the number of users, no matter depositor or withdrawer, on both platforms increased after Feb 6th which the collaboration took place.
2. By looking at the normalized forms of each platform at the end of this section you can see the number of depositors were more than the withdrawers on each and every day, on AAVE the depositors conclude a larger portion of users while the number of withdrawers of Uniswap take a bigger percentage share in the final two graphs but we can see the number of users in total are much more on Uniswap compared to AAVE.
3. These information’s were last updated on Feb 27th of 2023.

1. The depositors and withdrawers are distributed based on the amount of $ETH they moved as you can see in the graphs bellow.
2. If you quickly compare this sections info with the distribution of transactions based on their $ETH amount in the 3rd section you can see that similar to that, the less than 5 $ETH segments are covering a larger portion of users on Uniswap compared to the user pool of AAVE.
3. Keep in mind that the user pool of Uniswap shown in these graphs are much more than AAVE’s.

Conclusion:

Year of 2022 was a probably the most devastating year of all for the entire market of crypto currency. As the beginning information of this dashboard explained the DeFi projects are collaborating with each other in an attempt to revive the damaged ecosystem of crypto and based on the information we have gathered in the graphs of this dashboard it is safe to say that their efforts have not been in vain to say the list.

If you look at the number of transactions, volume of transactions and number of users, you can immediately see the increase in the amounts after Feb 6th which the collaboration takes effect and we are already slowly in the way of regaining users trust in the platforms. As you can see in the second to last graph the number of depositors are a lot more than withdrawers on both platforms. Surly the volume amount of withdraws are still more than the deposits based on the graphs in the beginning of the dashboard but with more people gathering as depositors I’d dare to say it is possible to have a brighter future for the platforms as the collaboration goes on.

In addition to comparing the two platforms I would say it is true that a larger number of users are currently working on Uniswap platform but the limited number of users on the AAVE platform have more volume in their transactions and the comparison of deposit and withdraw amounts in the beginning of this dashboard is a proof to this.

About me:

• Author: Hojjat
• Discord: hojjat7878#8809
• Twitter: @hojjat8d
• Email: hojjat78delshad@gmail.com

THANK YOU FOR READING!

What Is Aave?

Aave is a decentralized cryptocurrency platform that allows users to borrow and lend crypto. Aave uses smart contracts to automate the process, with preset rules on how funds are distributed, how collateral is handled, and how fees are assessed. 

Aave specializes in overcollateralized loans, meaning that users will need to deposit crypto worth more than the amount that they wish to borrow. This protects lenders from losing money due to loan defaults and allows the Aave protocol to liquidate the collateral if it drops too much in value.

Aave also offers a native crypto token (AAVE) that can be traded on most exchanges or staked in the Aave platform to earn interest. Staking is how crypto miners earn rewards for validating transactions on a proof-of-stake blockchain like the one that underlies Aave.

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What is Uniswap?

Uniswap is the largest decentralized exchange (or DEX) operating on the Ethereum blockchain. It allows users anywhere in the world to trade crypto without an intermediary. UNI, the governance token that allows users to vote on key protocol changes, is the fourth largest cryptocurrency by market cap on Coinbase as of April 2021 — with a total value of more than $18 billion.

Uniswap was one of the first decentralized finance (or DeFi) applications to gain significant traction on Ethereum — launching in November 2018. Since then, numerous other decentralized exchanges have launched (including Curve, SushiSwap, and Balancer), but Uniswap is currently the most popular by a significant margin. As of April 2021, Uniswap had processed over $10 billion in weekly trading volume.

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DeFi protocols unite to promote permissionless Web3 experiences

The collaboration of over 30 DeFi projects is an effort to counteract the negative sentiments built in 2022 due to numerous CeFi ecosystem crashes.

The damage caused by the fall of major crypto ecosystems last year is on a path of steady recovery as good actors take proactive measures to rebuild trust among investors. Major players from the decentralized finance (DeFi) ecosystem came together to showcase the incentive behind operating trustless, interoperable and permissionless platforms.

For 24 hours, from Feb. 6 to 7, over 30 DeFi protocols joined in an initiative to “permissionlessly” share tweets from other protocols — thus highlighting the permissionless and interoperable nature of Web3. Projects participating in this campaign include Yearn.finance, MakerDAO, SushiSwap and Aave, among others.

DeFi has amassed mainstream acceptance with significant institutions making their entrance into the space, but it still has a shaky reputation due to its many exploits.

Mamun Rashid, the chief marketing officer at MakerDAO, said that to realize the “full potential” of DeFi, there needs to be a collaboration between the ideas and expertise in the space.

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In this dashboard, we have compared AAVE and Uniswap projects, which are among the leaders in the field of Defi.