Uniswap (Swaps in USDC/USDT Pool)

    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...

    In the past month, total number of swaps from USDC to USDT was 14.2K and the number of swaps from USDT to USDC was 13.3K.

    The percentage of swaps from USDC to USDT was 51%. On April 14th,

    highest number of swaps for this token pair was performed.

    Number of Traders
    Number of swaps

    total number of traders for the USDC to USDT swap in the past month is 2.9K and for the USDT to USDC swap, it is 5.5K.

    percentage of traders for USDC to USDT swap is 34%.

    As shown in the daily charts, the number of daily users for USDT to USDC swap has always been higher.

    USD Volume of Swaps

    Here, the swap volume, like the transaction count, is almost similar, and the swap volume from USDC to USDT is 1.22B USD, while the swap volume from USDT to USDC is 1.27B USD.

    In the daily chart, we can see that some days the USDC to USDT swap volume was higher, and on other days it was the opposite. On April 22nd, the swap volume was lower than the previous days, but it increased again quickly in the following days.

    Uniswap V3

    Uniswap v3 is the latest version of the Uniswap decentralized exchange protocol built on the Ethereum blockchain. It was launched in May 2021 and introduced several new features that improve the efficiency and flexibility of trading on the platform.
    One of the main new features of Uniswap v3 is the introduction of concentrated liquidity, which allows liquidity providers to specify a price range where their liquidity is concentrated, rather than across the entire price spectrum. This reduces the capital requirements for liquidity providers and improves the capital efficiency of the liquidity pools.
    Another key improvement is the introduction of multiple fee tiers, allowing liquidity providers to choose from three different fee tiers (0.05%, 0.3%, and 1%) based on their risk tolerance and expected returns. This feature provides greater flexibility for liquidity providers and helps to attract more liquidity to the platform.
    Uniswap v3 also introduces the ability to execute trades with multiple tokens simultaneously, which enables more efficient trading strategies and reduces the number of transactions required to execute complex trades./ In addition, Uniswap v3 includes improvements to the user interface and provides better support for ERC-20 tokens with non-standard transfer functions, making it easier for new tokens to be added to the platform.
    https://blog.uniswap.org/uniswap-v3

    db_img
    Intro
    Mthod

    This dashboard shows number of swaps, traders and USD volume of swaps in USDC/USDT pool on Uniswap-V3 DEX. I have used the Flipside databases and the ethereum.uniswapv3.ez_swaps table to obtain these metrics, and I have also included the Pool Contract 0x3416cf6c708da44db2624d63ea0aaef7113527c6.

    I have displayed the criteria I mentioned earlier for the last month.

    db_img
    Conclusion

    in the past month, 2.9K users have swapped 1.22B USD worth of tokens from USDC to USDT by executing 14.2K transactions. Additionally, 5.5K users have swapped 1.27B USD worth of tokens from USDT to USDC by executing 13.3K transactions.

    This indicates that the number of purchases of USDT was higher, but the number of users who bought USDC was much higher than the number of sellers of this token. Moreover, the volume of USDC was slightly higher than that of USDT.

    db_img
    Swaps in USDC/USDT Pool
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...

    In the past month, a total of 8K unique users have conducted 27.4K swap transactions, totaling 2.5B USD, on our USDC/USDT pool. On average, each user has conducted 3.4 swaps, and the average swap size has been around 91K USD.