InkySwap Platform Analysis: January-March 2025

User Growth and Adoption

The InkySwap platform demonstrates remarkable user acquisition and growth during the analyzed period. Total new swappers surged from 213 to 58,177, representing an exponential expansion of the user base.

Key growth highlights include:

• Massive spike of 5,826 new users on 2025-01-26
• Consistent daily increases in user numbers
• Peak daily new swappers reached 8,449 on 2025-02-25

Trading Volume and Activity

Total swap volume reached $5,841,108.78, indicating significant market engagement. The platform shows dynamic trading characteristics:

• Highly volatile daily swap volumes
• Peak daily swaps of 23,376 on 2025-02-10
• Swap activity gradually stabilizing around 2,000-4,000 daily transactions

Transaction Characteristics

Transaction profile reveals interesting patterns:

• 86.6% of swaps are micro-transactions under $10
• Average transaction volume: $18.38
• Small to medium swaps ($10-$1000) represent substantial network activity

Token Performance

Token volume hierarchy:

1. WETH dominates with $2,973,330.93
2. USD₮0 shows modest activity
3. PURPLE token demonstrates minimal trading volume

Market Observations

• Exponential user growth suggests increasing platform confidence
• Volatility in daily swap volumes indicates an emerging, dynamic market
• Gradual stabilization of trading activity towards March 2025

The data suggests InkySwap is experiencing robust growth with potential for continued expansion.