In This analysis, You will read about Sushi Revenue. We want to know What is the breakdown of revenue by unit for sushi? (swaps, kashi, etc)
SushiSwap (SUSHI) is an Ethereum token that powers SushiSwap, a decentralized cryptocurrency exchange and automated market maker built on Ethereum. Holders of SUSHI can participate in community governance and stake their tokens to receive a portion of SushiSwap's transaction fees.
SushiSwap charges a flat 0.3 % fee for all business teams. I used three tables from Sushi Core. Lending, Borrowing, and swapping.
First I extracted the total daily volume.
- Revenue: (Volume*0.3)/100
The below chart shows the total daily volume of Sushi Swaps, Lending, and borrowing.
- As you can see most volumes in Sushiswap went through Swaps.
- Above 99% of the volume is for Swaps in Sushiswap.
Let's Examine the total daily Revenue of Sushiswaps.
- Sushiswap Revenue in January was the highest amount in 2022.
- The average Daily revenue in January was about 1M dollars Daily.
- After January the revenue decreased.
- Month by Month the revenue decreased from January.
- Sushiswap revenue in June was the lowest amount in 2022.
- The revenue in June decreased to an average daily of 200K US dollars.
- The below chart shows the cumulative daily revenue of Sushiswap.
- This graph proves that most volumes went through Swaps.
- The total cumulative Revenue from Swaps is 71M dollars.
- The total cumulative Revenue from Lending is 71K dollars.
- The total cumulative Revenue from Borrowing is 30K dollars.
- 99.9% of Sushiswap revenue was from Swaps.
- Swaps: 71M dollars
- Lending: 70K dollars
- Borrowing: 30K dollars
Written By Hess
where
discord_id: hess#0890
and
twitter_id: hessaminanloo
Like any DExs, Most Revenues come from daily swaps. A huge volume went through swaps daily. In Sushiswap, they gain about 71M dollars from swaps.