The analysis of the Curve protocol across various networks reveals significant activity and growth in decentralized exchanges and asset swapping.

On the Optimism network, there has been an impressive surge in participation, with 185.7K swappers engaging in 773.9K transactions, resulting in a total swap value exceeding 851.5M USD. March 2023 stood out as a pivotal month, with the highest number of monthly swap transactions (91.1K) and June 2023 attracting the largest influx of monthly users (28.5K). These metrics highlight the dynamic growth and user engagement within the Curve on Optimism network.

The Ethereum network has also witnessed substantial swapping activity, with 207,000 swappers conducting approximately 1.9 million transactions, totaling over 319 billion USD. March 2023 recorded the highest monthly swap transactions (120K), and November 2022 saw the highest number of monthly users (20.6K). May 2022 marked the peak month for swap volume, reaching 27 billion USD.

The Curve protocol on the Avalanche network has attracted 92,000 swappers who have carried out about 1 million transactions, resulting in a cumulative swap value exceeding 5.5 billion USD. Notably, May 2022 had the highest number of monthly swap transactions (154K), and December 2022 witnessed the highest number of monthly users (13.1K). May 2022 also recorded the peak swap volume, totaling 1.54 billion USD.

On the Arbitrum network, there have been 193,900 swappers conducting approximately 1.8 million transactions, with a cumulative swap value exceeding 6.3 billion USD. November 2022 had the highest number of monthly transactions (193K), and March 2022 saw the highest number of monthly users (35.7K). March 2023 had the highest swap volume, reaching 688.65 million USD.

The Curve protocol on the Polygon network attracted 468,200 swappers participating in 3.2 million transactions, resulting in a cumulative swap value exceeding 2.3 billion USD. November 2021 had the highest number of monthly transactions (252K), and November 2021 also saw the highest number of monthly users (98.8K). The peak swap volume occurred in November 2021, totaling 227.58 million USD.

Finally, on the Base network, there were approximately 25,000 swap transactions involving 6,900 swappers, resulting in a total swap volume of around 15 million USD. October stood out as a month of high activity, with 10,600 monthly transactions, the highest number of swappers (4K), and the highest swap volume (7 million USD).

Overall, these observations highlight the substantial growth, user engagement, and value being transferred within the Curve protocol across multiple networks. The continued adoption and increased swapping activity indicate a promising future for decentralized finance and the advancement of blockchain ecosystems.