Overview

Polygon, Arbitrum and Optimism are layer 2 blockchains designed to enhance the capabilities of Ethereum smart contracts, increasing their speed and scalability, while adding additional privacy features to boot, among other functionalities.

On the other hand, SushiSwap and Uniswap are AMM (Automated Market Maker) type DEX (Decentralized Exchanges), which allows any user within the platforms to easily exchange ERC-20 tokens. This means that users can connect to SushiSwap or Uniswap and trade exchanges directly and without intermediaries.

But… which of these platforms are receiving more user attention, and which of these DEXes are being more used on each of these platforms?

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Methods

The intentio of this dashboard is to take a look on the Suhiswap vs Uniswap market share on each of these aforementioned Layer 2 chains: Polygon, Arbitrum and Optimism.

To do so, the main characteristics that will be compared through this analysis are on each of these platforms are:

• Swaps per DEX
• Market share of swaps per DEX
• Swapper per DEX
• Market share of swappers per DEX
• Number of swaps per swappers

Polygon platform

In the case of Polygon, we can see how in terms of swaps, Sushiswap dominated the situation during the first months. However, since the start of 2022, the amount of swaps and users suddenly dumped.

Looking at the market share, we can see how during the first month practically 100% of the swaps were fulfilled by Sushiswap but the percentage started to decrease on january and in August, the Uniswap surpassed Sushiswap. In the case of users, something similar occurs, but in this case, the Sushiswap is still having more than 50% of it.

Finally, the swaps per user on Polygon were in favour of Sushiswap during the first month, but again, the Uniswap user activity surpassed the Sushiswap activity in this case on June 2022.

Arbitrum platform

In the case of Arbitrum, we can see how in terms of swaps, Uniswap dominated the situation during the first months. However, since the start of 2022, the amount of swaps and users started to increase, but Sushiswap seems to increase quickly.

Looking at the market share, we can see how during the first month practically over 60% of the swaps were fulfilled by Uniswap but the percentage started to decrease on June and in August, the Sushiswap surpassed Uniswap. In the case of users, something similar occurs.

Finally, the swaps per user on Arbitrum were in favour of Sushiswap during the first month, but, the Uniswap user activity increased month by month and surpassed the Sushiswap activity in this past month.

Optimism platform

Finally on Optimism, we can see how in terms of swaps, Uniswap dominated the situation from the beginning until the end. Basically because of Uniswap transactions started on November 2021 while Sushiswap started to appear on May 2022.

Looking at the market share, we can see how until May, Uniswap had 100% of the swaps due to the previous mentioned statement. But, afterthat, Sushiswap seems to started to gain percentage share every month. Since May, Sushiswap has gain more than 10% of the swaps.

Finally, the swaps per user on Optimism are in favour of Uniswap. It seems that since the inception of Sushiswap on Optimism, Uniswap users are more active than Sushiswap ones.

Key insights

Polygon:

• Sushiswap dominated the situation during the first months. However, since the start of 2022, the amount of swaps and users suddenly dumped.
• During the first month practically 100% of the swaps were fulfilled by Sushiswap but the percentage started to decrease on january and in August, the Uniswap surpassed Sushiswap. In the case of users, something similar occurs, but in this case, the Sushiswap is still having more than 50% of it.
• The swaps per user were in favour of Sushiswap during the first month, but again, the Uniswap user activity surpassed the Sushiswap activity in this case on June 2022.

Arbitrum:

• In terms of swaps, Uniswap dominated the situation during the first months. However, since the start of 2022, the amount of swaps and users started to increase, but Sushiswap seems to increase quickly.
• During the first month practically over 60% of the swaps were fulfilled by Uniswap but the percentage started to decrease on June and in August, the Sushiswap surpassed Uniswap. In the case of users, something similar occurs.
• The swaps per user were in favour of Sushiswap during the first month, but, the Uniswap user activity increased month by month and surpassed the Sushiswap activity in this past month.

Optimism:

• In terms of swaps, Uniswap dominated the situation from the beginning until the end. Basically because of Uniswap transactions started on November 2021 while Sushiswap started to appear on May 2022.
• Uniswap had 100% of the swaps due to the previous mentioned statement. But, afterthat, Sushiswap seems to started to gain percentage share every month. Since May, Sushiswap has gain more than 10% of the swaps.
• The swaps per user are in favour of Uniswap. It seems that since the inception of Sushiswap on Optimism, Uniswap users are more active than Sushiswap ones.