Swap Volume and Ukraine War
How has the Ukraine war affected the swap volume on Sushi and Uniswap? Has there been a surge in demand for a particular token?
The chart below shows the volume of swaps in sushiswap, uniswap-v2, uniswap-v3 for before and after the war.
Note: b_w means before the war and a_w means after the war
according to this :
- It seems that the volume of swaps has increased after the start of the war on February 24, 2022, and the peak of these swaps dates back to April 21, 2022, and also on the day of the war on February 24, 2022, a very high volume of swaps in uniswap-v2 we are witness
The chart below shows the number of swaps in sushiswap, uniswap-v2, uniswap-v3 for before and after the war.
Note: b_w means before the war and a_w means after the war
according to this :
- It seems that the number of swaps has increased after the start of the war on February 24, 2022, and the peak of these swaps dates back to April 4, 2022.
In the transaction volume chart, the popular tokens before and after the Ukrainian war were listed and sorted according to:
- Before the war, it was the most popular token in terms of VOLT volume
- VOLT has been the most popular token since the beginning of the war
Conclusion:
It seems that uniswap had fewer transactions in terms of volume and number before the war, and after the start of the war the number of transactions and volume increased, and also Russia decided to use the currency code to circumvent the sanctions, and this in itself Has been a factor in increasing these transactions. Also in the token chart we see 5 tokens that were not popular before the war but gained popularity after the start of the war. Other conclusions are marked at the top of each chart.