Insights from Ethereum LP Analysis
Flipside AI
Liquidity Pool Landscape Analysis: February 2025
Platform Dominance
Uniswap remains the clear leader in liquidity pool creation, with 5,655 total pools across v2 and v3 versions. Notably, Uniswap-v2 comprises 91.3% of these pools, demonstrating its continued market stronghold.
Platform Diversity
The DEX ecosystem shows interesting dynamics with 10 active liquidity pool platforms identified on Ethereum. While Uniswap dominates, other platforms are making strategic moves:
- PancakeSwap has 73 combined v2 and v3 pools
- DODO v2 shows emerging activity with 107 new liquidity pools since February
Creation Volatility
Liquidity pool creation in February 2025 exhibited significant fluctuations:
- Lowest point: 57 new pools on February 5th
- Peak: 266 pools created on February 19th
- Final day: Dramatic decline to just 34 pools
Key Insights
The data suggests a maturing but volatile DEX landscape, with established platforms like Uniswap maintaining strong positions while newer platforms experiment and expand their liquidity pool offerings.
The sharp variations in daily pool creation indicate potential market uncertainty or strategic repositioning among decentralized exchanges.
Liquidity Pool Landscape Analysis: February 2025
Platform Dominance
Uniswap remains the clear leader in liquidity pool creation, with 5,655 total pools across v2 and v3 versions. Notably, Uniswap-v2 comprises 91.3% of these pools, demonstrating its continued market stronghold.
Platform Diversity
The DEX ecosystem shows interesting dynamics with 10 active liquidity pool platforms identified on Ethereum. While Uniswap dominates, other platforms are making strategic moves:
- PancakeSwap has 73 combined v2 and v3 pools
- DODO v2 shows emerging activity with 107 new liquidity pools since February
Creation Volatility
Liquidity pool creation in February 2025 exhibited significant fluctuations:
- Lowest point: 57 new pools on February 5th
- Peak: 266 pools created on February 19th
- Final day: Dramatic decline to just 34 pools
Key Insights
The data suggests a maturing but volatile DEX landscape, with established platforms like Uniswap maintaining strong positions while newer platforms experiment and expand their liquidity pool offerings.
The sharp variations in daily pool creation indicate potential market uncertainty or strategic repositioning among decentralized exchanges.