Try Quests to earn cryptoNew Active Users-{Paraswap}
This dashboard here attempts to look into the active users in the paraswap platform within the last couple of months who had done at least 1 transaction on the platform.
Introduction
ParaSwap is a decentralized exchange aggregator on the Ethereum blockchain that offers the best pricing across several DEXs. ParaSwap combines decentralized exchanges and other Defi services into a single user interface, making it easier for consumers to connect with Ethereum's decentralized financial system.
Methodology
The Users as well as the wallets which are represented by the from_address in the udm events are accounted for obtaining these new active users in the paraswap blockchain exchange where people had transacted at least once in the past couple of months.
Let us look into the new active wallets in the paraswap over the chosen period of time where they are aggregated on daily basis.
The chart of the users with more activity is new to the ecosystem are accounted for and summed up to obtain the new users.It is seen that on March 12 ,2022, there is a hike in the new user's transactions in the paraswap ecosystem.
The origin address which is also the beginning address of each transaction is considered for users and is listed by aggregating with the date.
Over the past two months chosen here, The count of the new users in the Paraswap is charted, This chart correlates with the wallet count expressed above.
The size of each day's new active users is plotted here and it expresses that the count is scattered evenly except for a hike in the number of users over a couple of days.
Conclusion
The activeness of the new users can also be inferred to see the popularity of the Paraswap among the crypto users till date and its growth on recent days.