[Sushiswap] New to the Menu
In this dashboard, I reviewed the new tokens supported by SushiSwap and did some analysis on them.
Introduction
After starting its activity, each platform tries to expand itself in different aspects in order to grow the platform and attract users and the like. Swap platforms are no exception. They are trying to attract more users to their platform by expanding the range of tokens they cover. Sushi Swap, as one of the most well-known swap platforms in the world of cryptocurrencies today, has continued in this direction. The purpose of this day is to evaluate the latest tokens supported by this platform. For this purpose, several cases are considered:
1. Total number of tokens recently supported
2. The top 10 of the latest supported tokens
3. The most used new tokens introduced
Method
In this dashboard, the following methods were adopted for the mentioned analysis:
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First, the address of 100 tokens that were recently supported by SushiSwap was obtained. Based on the date of the first support for each of these tokens, I considered March 1 to date as the definition for "Recent" and performed my analysis during this time period.
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Next, I put the addresses of all the tokens supported by SushiSwap in a table during this period. (96 Addresses)
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Finally , because the label table did not have names and labels for all of these addresses, the checks were first performed with the address, and finally the first 10 tokens of each list were named manually. (By searching the address of each token in the "Import Tokens" section of the Metamask wallet). The reviews were:
- 10 tokens that have recently been supported.
- 10 tokens that have been used the most at this period of time.
PS: I also wanted to compare the transfer volume of each of these tokens, which for unknown reasons did not have amount data for several tokens, and this section was not performed.
Conclusion
The "JPEG" token is the most widely used token supported on SwapSushi. This token is in the first place in terms of the number of swaps and in the second place in terms of the number of swaps. The first place in this section is related to the "APE" token, which is in the second place in terms of the total number of uses. The distance between using these two tokens and other tokens is very significant. As shown in the donut chart above, you can use 8.5 times the "JPEG" token against the third token on the list, "HEART", use 13 times the fourth token on the list, "MONK", and 18.5 times the fifth token on the list. That is, mentioned "MILADY".