Volume Market Share

Market shares can be measured in terms of value or volume. The overall share of a firm in total segment sales is used to calculate value market share. The actual number of units sold by a firm out of the overall number of units sold in the market is referred to as volume. According to The Block Research, trade volumes on decentralized exchanges (DEXs) exceeded $1 trillion in 2021. Based on statistics as of December 23, the amount represents a staggering 858 percent increase over 2020 DEX trade volumes. DEXs enabled approximately $115 billion in trade volumes last year.

The chart gives an idea about the total market share maintained by the top DEXs over time. The bounty was to check the same for sushiswap over the past 60 days. The data for analysis is obtained from app.flipside and SQL are used to receive the needful data.

The pie diagram drawn for the volume share for the past 60 days indicates that sushiswap has the least volume transactions done, while metamask ranks first among others.

The graph shows the amount transacted by all DEXs for the past 60 days in the Ethereum main net.Its seen that the transaction volume has reduced much and touched almost null value.

The overall transaction volume that is being done in different DEXs is shown here.The Tlabel is chosen such that the to_label of the ethereum transactions where they have transacted using SUSHI Tokens.