Yak Swap: Analysis of Utilization and Performance on Avalanche Network

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    Key Takeaways from the analysis of Yak Swap in 2023:

    • 10K+ unique swappers executed 52K+ swaps on Yak with a total volume of $162M ($3.1K average per swap).
    • Trader Joe DEX accounted for ~36% of Yak swaps, with Woofi and Kyberswap following closely at approximately 15% and 14% of total swaps, respectively.
    • Trader Joe had the highest volume of routed swaps at about $90M, followed by Woofi and Platypus with around $56M each.
    • AVAX-USDC was the top swap pair by volume, while USDC-WAVAX was the most frequent.
    • Yak saw consistent growth in new swappers, particularly in the last two months.
    • Yak ranked 9th in swap frequency and 7th in swap volume among Avalanche DEXs.
    Key Takeaways
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