Uniswap NFT Aggregator
Show daily transaction volumes on Uniswap's NFT aggregator. Describe in your own words the benefits of using this marketplace to trade NFTs. Pay close attention to the accuracy of your data. (see https://crypto.news/dune-analytics-finds-false-data-on-uniswaps-nft-aggregator/) Optionally, you may also show some of the following data: Gas savings (if any) on the Uniswap NFT aggregator compared to other NFT aggregators on the same chain. Genie users USDC airdrop statistics. (Contextual information on the above can be found here.)
Introduction:
- On 21th June 2022, Uniswap Labs announced its acquisition of Genie, the first NFT marketplace aggregator ().
- In the same announcement, they also announced USDC airdrop to historical Genie users
- Following the acquisition, NFT trading officially went live on Uniswap on 30th November 2022 () and the USDC airdrop began claimable.
Methodology:
- In this dashboard, we are going to look at the following things:
- Overall Activity on the Uniswap NFT Aggregator
- Number of Sales
- Volume (USD)
- Volume (ETH)
- Number of transactions
- Number of buyers
- Number of sellers
- Top Platforms and Collections
- Comparison with other Aggregators
- Airdrop Statistics
- Activity by airdrop eligible users
- Crossover with Uniswap DEX
# of Sales
Volume (ETH):
Volume (USD)
# of Buyers
# of Txs:
# of Sellers
Platforms and Collections:
Comparison with Other Aggregators:
Airdrop:
- Out of a total of ~15.93K users eligible for ~4.88M USDC, ~7.81K users (48.9%) have claimed ~2.42M USDC (49.6%).
- In the top 1300 USDC tier, 49 of the 58 (84.5%) eligible users have claimed their airdrops.
- The number are 38 out of 61 (62.3%) and ~7.72K out of ~15.81K users (48.8%) for the 1000 USDC and 300 USDC tier respectively.
- The above charts show the number of users and USDC amount claimed by day.
- We can see that the majority of users claimed their airdrops on the 1st day itself.
- The above charts show the activity done by airdrop eligible users on the Uniswap NFT Aggregator marketplace.
- Out of the 15,928 users eligible for an airdrop of ~4.88M USDC, only 249 users have made a purchase on the Uniswap NFT Aggregator platform resulting in total sales of 1950 and USD volume of ~243K.
- These numbers are very low and represent 10.41%, 17.6% and 11.65% of USD volume, number of sales and number of buyers on the platform respectively.
- Thus a retroactive airdrop by Uniswap has not been successful in boosting activity on the NFT platform.
- On the other hand, Blur’s airdrop model seems to be working (but whether Blur is able to sustain the activity after distribution of token needs to be seen).
- The below charts provide information about number of sales, volume (USD), volume (ETH), number of transactions, number of buyers and number of sellers on the Uniswap NFT Aggregator marketplace.
- From the charts, we can see that all the metrics have peaked within the 1st 2 days and have been declining thereafter with few spikes in between.
- Overall a total of 2140 buyers have purchased ~11.1K NFT’s from 6300 sellers in 3450 transactions resulting in a volume of 2.34M $ (2090 ETH).
- The above charts show the USD volume and number of sales on the Uniswap NFT Aggregator marketplace by platform.
- In terms of both USD volume as well as number of sales, Opensea is the clear leader.
- Looksrare is at number 2 position in terms of USD volume whereas x2y2 is at number 2 position in terms of number of sales.
- The above charts show the top collections in terms of USD volume and number of sales on the Uniswap NFT Aggregator marketplace.
- In terms of USD volume, the top 3 positions are taken by Mutant Ape Yatch Club, Clone X and Bored Ape Kennel Club.
- In terms of number of sales, the top 3 positions are taken by Pups Club (0x24a6ec37ba348084e83b24212f207c8ca1d1a6de), Parallel and Froggy Friends.
- The above charts compare the number of sales and USD volume on the Uniswap NFT Aggregator with other aggregators like Blur and Gem.
- Both in terms of number of sales as well as USD volume, Blur is the clear leader followed by Gem and Uniswap is at the last position.
- Thus Uniswap NFT Aggregator has not been able to gain much traction (yet).
- The below charts compare the eligible and claimed statistics for users and amount first on total basis and then by tier.
Activity by Airdrop Eligible Participants:
Crossover with Uniswap DEX:
- The above charts look at the users on the Uniswap NFT Aggregator platform and see whether they are already using the Uniswap DEX.
- We can see that Almost 1700 buyers (79.3% of the total buyers) have made total purchases of ~8.84K NFT’s (79.6% of total purchases) resulting in a volume of ~1.89M $ (81% of the total volume).
Summary of Findings:
- The activity on Uniswap NFT Aggregator marketpplace has peaked within the 1st 2 days and has been declining thereafter with few spikes in between.
- Overall a total of 2140 buyers have purchased ~11.1K NFT’s from 6300 sellers in 3450 transactions resulting in a volume of 2.34M $ (2090 ETH).
- Opensea is the most popular platform in terms of both number of sales as well as volume.
- Mutant Ape Yatch Club and Pups Club are the most popular collections by volume and number of sales respectively.
- Compared with other aggregators, Uniswap has not been able to gain much traction.
- Blur is the most popular aggregator followed by Gem.
- Out of a total of ~15.93K users eligible for an airdrop of ~4.88M USDC, ~7.81K users (48.9%) have claimed ~2.42M USDC (49.6%).
- In the top 1300 USDC tier, 49 of the 58 (84.5%) eligible users have claimed their airdrops.
- The numbers are 38 out of 61 (62.3%) and ~7.72K out of ~15.81K users (48.8%) for the 1000 USDC and 300 USDC tier respectively.
- Out of the 15,928 users eligible for an airdrop of ~4.88M USDC, only 249 users have made a purchase on the Uniswap NFT Aggregator platform resulting in total sales of 1950 and USD volume of ~243K.
- These numbers are very low and represent 10.41%, 17.6% and 11.65% of USD volume, number of sales and number of buyers on the platform respectively.
- Out of total of 2140 buyers on the Uniswap NFT Aggregator marketplace, 1700 buyers (79.3% of the total buyers) are using Uniswap DEX.
- These buyers have made total purchases of ~8.84K NFT’s (79.6% of total purchases) resulting in a volume of ~1.89M $ (81% of the total volume).
- Thus the major benefit of using Uniswap NFT aggregator is that the users are already using the uniswap DEX and now they no longer have to go anywhere else for NFT’s