Methodology

Sushiswap is one of the biggest dex that exist on the crypto ecosystem. where they currenty expand with more than 10+ chains like polygon, arbitrum, fantom, avalanche and etc. and on this dashboard, we will try to see the contribution of sushiswap for the polygon users and transactions growth.

for new users perspective, if the wallet is created and their 1st or 2nd transactions is interact with the sushiswap then we can assume that this wallet is created because of sushiswap.

There are like 3 products that you can interact for the sushiswap like :

1. Trades (include limit order),
2. Bentobox (Earn Yield)
3. Kashi Lending & Borrowig

Now, let's see how many wallet is created for the sushiswap.

Total there are like 142k of wallets that created for the sushiswap based on their 1st or 2nd transactions that interact with sushiswap. but, what is their first transaction for sushiswap ?

have you ever wonder there's a wallet that created for the limit order transactions ? where the example is this address, where their 1st transactions (transaction that initate by the address) is deposit into bentobox for the limit order and the 2nd transactions is to cancel the limit order.

now, let's how does this number change over time.

Recently there's like 20-40 wallet is created for the sushiswap. where the highest wallet that created for sushiswap is like 5k wallet in a day on january-2022.

Now, let's see by total transactions perspective.

Total, there's like 5k-12k of transaction in a day for sushiswap. or it is like 0.35% of total trasnasction on polygon. now, let's try to break-down this transaction per-product.

The trade transaction is dominated for sushiswap with more than 90% of transactions in a day. and then for 2nd highest transaction is deposit for the bentobox.

Conclusions

1. There are like 142k of wallet that created for sushiswap based on their 1st or 2nd transactions that interact with sushiswap product like trade, limit order, kashi or bentobox.
2. Recently the new wallet created is in the range of 20-40 wallet in a day
3. About 0.35% of all transaction that happen on polygon daily is coming from sushiswap