Introduction and methods

Single-sided liquidity pools are a type of pools where users can provide liquidity to it with a single token and maintain 100% exposure to the token. Across uses these single-sided liquidity pools to execute transactions between chains.

In this dashboard, we are gonna analyze the intereaction with these pools made by Ethereum users and how do these pool rewards compare to other liquidity pools.

Results

In terms of number of deposits by token, it can be seen how the main token deposits involved USDC with almost 60% of the total deposits. wETH and DAI have been other important pools representing 19.8% and 14.7% respectively.

However, if we take into account the volume deposited, the ranking vary a little bit. While the top token remained USDC with a similar percentage of deposited volume, the second place is now for DAI followed by wBTC and wETH. However, there is a big difference between DAI and the rest, representing around 35% of the volume.

In terms of daily deposits and volume deposited, we can see how a big activity was done during the first days and during the last days of the period evaluated. However, the highest numbers were registered in the first week.

The first days weere dominated by USDC while the last ones by DAI, all of them being stablecoins.

Finally, in terms of fees, in this last chart we can see the minimum and maximum apid fees over time. It depends on the volume deposited on the pools. It is because the LP fee depends on the transaction size and how much of the current liquidity is being utilized. These fees are typically on the order of 0.06% to 0.12%.

If we compare with other important platform fees, we can see how they are lower than Uniswap or Sushiswap where the LP fees are around 0.3%. Then, it can be clearly seen that it is a good option for poolers to pay less in fees.

Source: How does accross work?

Conclusions and key insights

In this dashboard we have explored the single-sided liquidity pools on Across platform. The idea is to get an overview of the daily deposits on each pool and to obtain the most important used pools. As well we have compared the fees on the platform against other important DEXes.

The key insights extracted from the analysis are:

• In terms of number of deposits by token, USDC represents 60% of the total deposits. wETH and DAI have been other important pools representing 19.8% and 14.7% respectively.
• In terms of total volume deposited, USDC is the top one, the second place is now for DAI followed by wBTC and wETH.
• If we compare the LP Across fees at around 0.06-0.12%, we can see how they are lower than Uniswap or Sushiswap where the LP fees are around 0.3%. Then, it can be clearly seen that it is a good option for poolers to pay less in fees.