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    CowSwap - Market Mover?

    Q2. Use the Ethereum_core scheme. Has CowSwap shifted the token exchange market? Show the number of swaps that are done on CowSwap compared to other DEXs over the past several months. What DEXs are the users of CowSwap coming from?

    Introduction:

    Cowswap application is a novel exchange market on Ethereum blockchian. The application of Cowswap platform is evaluated by the use of comparing with other DEX like Uniswap.

    Both of the platforms are evaluated in:

    • Daily number of transactions
    • Daily number of unique users
    • The analyze is done from start of 2022

    The daily number of transactions and total unique users are shown in this figure. As shown in this figure, the number of unique users on Jan 28 was 21. The daily number of transactions on Cowswap are going down from in the new year. but increased in the last days of March.

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    The Cowswap is compared with Uniswap platform. This action happening by the use of number of swap and number of unique users. In this figure, the daily number of unique users is shown. As shown in this figure, the number of unique users for Uniswap was greater than Cowswap. One of them is in the range of 10 or 20 but the other one is over 2000 unique users. So, the unique users of Uniswap 10 time more than Cowswap.

    The daily number of transactions is shown in this figure. As shown in this chart, the daily number of transactions on Uniswap between 10 to 15 times greater than Cowswaps transactions.