Increment Finance is a leading DeFi (Decentralized Finance) platform built on Flow, allowing users to trade / swap, lend / borrow tokens, join in liquid staking, and customize more liquidity & yield strategies all in one place Link.

Increment Finance is thrilled to announce the launch of new features on Increment — DEX Aggregation and Smart Order Routing on Flow. From now on, users have a unified access to multiple DEX platforms on Flow, and enjoy the best swap rates in one-click trading.

What is it for?

Similar to how Expedia pulls together all of the flight price data from various airlines and OTAs to find you the most economic flight from San Francisco to Singapore; Smart Order Routing (SOR) aggregates fragmented on-chain liquidities, automatically searches and performs the calculations to split and dispatch swap orders to various liquidity pools.

Previously SOR has already included liquidities of Increment volatile pairs and stableswap pairs. Now we’ve extended it further to integrate BloctoSwap into liquidity sources, so that providing users with:

• A unified frontend and a wider variety of tokens to trade
• Optimal price quote and execution across multiple platforms/pools
• Aggregated & deeper liquidity with reduced slippage Link.

Summary

Increment Finance, following the launch of its first DEX aggregator on the Flow Blockchain, has recorded approximately 345 swap transactions and attracted around 114 swappers. On average, the platform sees about 49 transactions per day and 16 swappers participating daily. The Flow-USDC pool emerges as the most popular, with approximately 825 transactions and 145 swappers. The Flow token is the most frequently swapped token, while USDC is the most popular token to swap. Flow has witnessed around 220 transactions, while USDC has seen approximately 200 transactions.

Observing the data over a relatively short period of seven days since the upgrade, it is crucial for Increment Finance to assess its performance and make necessary adjustments. A longer observation period will provide a more comprehensive understanding of the platform's impact and growth potential. There is also a downward trend in daily swap transactions and the number of swappers, indicating a decrease in trading activity and user participation. The platform should analyze the factors contributing to this trend and consider strategies to reverse it.

While the platform has attracted around 15 new swappers in the last seven days, continuous monitoring and analysis are necessary to evaluate overall performance and the effectiveness of user acquisition strategies. It is recommended for Increment Finance to identify areas for improvement and implement targeted measures to attract more users to engage in swap transactions.

Additionally, the behavior of the most active user, 0xa594431e22eee79d, who has conducted over 20 transactions and accounts for the highest number of swap transactions at 300, should be studied. Analyzing this user's transaction patterns and preferences can provide valuable insights into successful trading strategies and inform the platform's efforts to cater to similar users. Ongoing monitoring and analysis of user activity, particularly focusing on highly active participants, will contribute to enhancing the user experience, optimizing trading features, and driving greater engagement on the platform.

Methodology

This comprehensive dashboard aims to investigate Increment Finance following its recent upgrade on August 23rd, which transformed it into the first Dex Aggregator on the Flow Blockchain. The dashboard consists of four informative tabs, each offering valuable insights into different aspects of the platform's performance and user activity.

Tab 1: Introduction and Upgrade Details

In the first tab, an introduction to Increment Finance is provided, highlighting its key features and functionalities. Additionally, there is a detailed overview of the recent upgrade, explaining the significance of the platform becoming the first Dex Aggregator on the Flow Blockchain. This section sets the foundation for understanding the subsequent data analysis.

Tab 2: Total Platform Data

The second tab presents a comprehensive overview of the platform's total data. This includes essential metrics such as the total number of swap transactions, the number of unique swappers, and the overall transaction volume. Furthermore, data related to each pool, such as the total number of transactions per pool, can be found in this section. This tab offers a holistic view of the platform's performance and provides insights into its overall activity.

Tab 3: Overtime Data Analysis

In the third tab, an in-depth analysis of the platform's performance over time is presented. This section showcases the trends and patterns that have emerged since the upgrade. Metrics such as daily transaction volume, user engagement, and pool popularity are examined to gain a deeper understanding of the platform's growth trajectory. This analysis helps identify any notable changes or developments that have occurred since the upgrade.

Tab 4: User Activity Investigation

The final tab focuses on investigating user activity within the platform. Here, various aspects of user behavior are explored, including the number of transactions made by individual users, the most active users, and any patterns or trends that emerge from their activity. This section provides valuable insights into user engagement, preferences, and the impact of the upgrade on user behavior.

By utilizing this dashboard, stakeholders and analysts can gain a comprehensive understanding of Increment Finance's performance, user activity, and the overall impact of the recent upgrade. The combination of qualitative and quantitative data presented in each tab offers a well-rounded view of the platform, enabling informed decision-making and strategic planning for future growth and success.