What Is Uniswap (UNI)?

Uniswap is a popular decentralized trading protocol, known for its role in facilitating automated trading of decentralized finance (DeFi) tokens.

An example of an automated market maker (AMM), Uniswap launched in November 2018, but has gained considerable popularity this year thanks to the DeFi phenomenon and associated surge in token trading.

Uniswap aims to keep token trading automated and completely open to anyone who holds tokens, while improving the efficiency of trading versus that on traditional exchanges.

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Methodology:

This dashboard shows few details around the Uniswap V3 activities. Details in this dashboard presentation are

• Total Active Users (Uniswap v3)
• The price of UNI Over Time
• Uniswap-v3 Gas Fee (Revenue)
• Uniswap-v3 Monthly Swaps of Top 10 Token Swapped by Volume
• Volumes of Transactions on Uniswap-v3
• Monthly Active Users (Uniswap-v3)

UNISWAP-V3 GAS FEE (REVENUE)

One of the ways protocols generate revenue is through ‘gas fee’ charged on every transaction.

The Uniswap-v3 Gas Fee (Revenue) graph shows the revenue generated from transations carried out on Uniswap platform.

UNISWAP-V3 MONTHLY SWAPS OF TOP 10 SWAPPED TOKENS BY VOLUME

This chart shows the top 10 swapped token by volume on Uniswap-v3.

From this chart we can see that swaps are carried out more using WETH and USDC. This shows that traders are conscious of volatility and are leveraging on less volatile tokens to conduct swaps.

Conclusion:

Uniswap v3 introduces concentrated liquidity, giving individual LPs granular control over what price ranges their capital is allocated to, and multiple fee tiers, allowing LPs to be appropriately compensated for taking on varying degrees of risk.