Swapping for YLDLY on DEXs
Q77. Let’s get a better understanding of how people are swapping Yieldly(YLDY: Asset ID: 226701642).
Show us the total volume inflow and outflow of Yieldly(YLDY: Asset ID: 226701642) by day in 2022 then break it out by DEX as well. Is swapping for YLDY more popular on some DEXs than others? Additionally what assets are users swapping for YLDLY? Are there any standout days of swap volume for Yieldly? If so, write about what may have caused that spike. Note any other interesting findings related to YLDY swaps!
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Introduction
Yieldly is the first fully designed borderless interconnected DeFi platform developed on the Algorand network. Yieldly aims to empower upcoming users to easily acquire cryptocurrencies and exchange digital value, without friction, gas inefficiency or security risk.
Since its inception, Yieldly has gained widespread adoption within the Algorand system to become one of the most popular currencies among users. In fact, recent analysis has shown that Yieldly is one of the most widely used tokens in Algorand's DEX.
What is Yieldly used for?
Yieldly is a platform where innovative ASA-based projects can access liquidity and users, expedite development, and bootstrap adoption.