一. DEX Updates

— Key Takeaways —

💡 DODO's Third Anniversary!

💡 Balancer releases a front-end attack report, recording a loss of $350k.

💡 Paraswap launches on Base chain.

💡 Curve releases proposal: to readjust the crvUSD/USDC pool fee back to 1 bps.

💡 1inch: Adds an automatic detection feature for "tax tokens," allowing users to predict if slippage will exceed the tax before swapping.

💡 Project Analysis - PoolFish: An all-in-one Workspace for LPs - Calculate, Discover, Analyze, Manage, and Track Positions.

💡 In terms of trading volume, the overall market trading volume has increased by 19.53% in the past two weeks compared to the previous two weeks, with active trading. The growth in trading volume in the recent two weeks is mainly reflected in second and third-tier Dexes rather than in the top ones.

— DEX Roundup —

DODO

• DODO's third anniversary!

• The 27th repurchase and distribution has been completed, with a total of 194,358 DODO.

• DODO X has integrated Izumi finance on the Linea chain.

• Hosted a Scroll Sepolia testnet event on Galxe.

• Co-founder Daidai delivered a speech at the Growth Hacker Camp event hosted by ABCDE: How to build a global Web 3 brand.

Balancer

• On September 20th, the Balancer frontend was attacked. After investigation, it was an attack on the .fi TLD domain registrar EuroDNS. Balancer will explore abandoning the .fi TLD and moving to a safer registrar.

• On October 3rd, Balancer chronologically sorted and released an attack report, estimating a loss of $350k.

• Requesting 1.2M ARB to boost economic activities on Arbitrum. 150,000 ARB every 2 weeks, lasting for 16 weeks.

Paraswap

• Launched on the Base chain.

• Unibot uses Paraswap to find the best price.

Curve

• Proposal: Upgrade the Vyper version and release a new factory contract for crvUSD stablecoin exchange.

• The collateral value of wBTC for crvUSD exceeds wstETH.

• Proposal: Adjust the crvUSD/USDC pool's fee back to 1 bps, as simulations have shown more transaction volume at 1 bps.

— Market Overview —

Trader Joe

• Odos integrates Joe's liquidity order book.

• Partnered with @swellnetworkio to enable efficient liquidity provision and zero-slippage swaps for $swETH.

• Opened an account on Socialfi @starsarenacom, posting Trader Joe-tagged posts to earn tips.

• Requesting a grant of 1.51m $ARB to incentivize liquidity providers and support the construction of the Arbitrum ecosystem.

Uniswap

• Uniswap wallet update: swap protection, BNB chain support, and address copy-paste.

• Data released: In the past year, Uniswap completed 40 grants totaling $4.5M.

• Data released: The total number of Swaps reached 300M, and unique transactions reached 230M.

SushiSwap

• Added a feature to automatically detect "tax tokens", allowing users to predict slippage before a Swap.

• Sushi's liquidity providing strategy is supported on Poolfish.

• Proposal: It suggests Arbitrum implement a bond program created and operated by SushiSwap, establishing a sustainable model for managing liquidity owned and controlled by the Arbitrum DAO. Up to 12.5m $ARB tokens per quarter, for a maximum of four quarters.

PancakeSwap

• Collaborating with @Transak to support fiat-to-crypto purchases.

• Aggregator OpenOcean integrates Pancakeswap on the Base chain.

• Updated a more user-friendly UI.

• Released Q4 roadmap: V3 position management, game expansions, multi-chain predictions, etc.

1inch

• Held the "Need for Swap" trading competition with @TrustWallet with a prize of 25K $USDC.

• @warden_finance built a new analytics dashboard for 1inch.

• Integration of @FoxWallet and @CarbonDeFixyz into 1inch.

• Proposal: For the 1inch fusion mode resolver, the smart contract will enforce a gas fee cap, penalizing violators. The proposal aims to address the "gas war" triggered by resolver competition.

• Data released: Total trading volume on the Arbitrum chain exceeds $10B.

Part 2. Data Tracking

Trading Volume & Market Share

In terms of trading volume, the overall market volume in the past two weeks increased by 19.53% compared to the previous two weeks, indicating relatively active trading. Comparing sequentially, the growth in trading volume in the past two weeks was mainly reflected in second and third-tier Dex rather than the leading ones.

Among them, Canto performed outstandingly. The reason is that Canto recently announced that it would introduce a large number of RWA assets to the chain to allow crypto-native users to enjoy the benefits of traditional finance. Its token rebounded by almost 300% from the bottom. Due to the FTX hacker recently using ThorChain to massively convert ETH to BTC cross-chain, there was a significant increase in ThorChain's trading volume.

In terms of market share, Uniswap is at the top, but it has dropped by two percentage points compared to last week. ThorChain briefly came to the third position, followed closely by Maverick, with no significant changes for Curve and DODO.

Part 3. Project Analysis

PoolFish: An All-in-one Workspace for LPs - Calculate, Discover, Analyze, Manage, and Track Positions

PoolFish aims to provide a one-stop service for liquidity providers (LPs). Users can select a specific blockchain and trading pair, and PoolFish will display historical data for the past 7 days, 1 month, and 3 months. Altering the time frame will also update the period of the trading volume data upon which fee estimates are based. Using actual historical data from Sushi (taking Sushiswap as an example), PoolFish will automatically estimate expected fees and returns.

Features:

• A percentage is added to display the difference between the price range and the current price.

• Offers deeper insights into what impermanent loss might look like.

• 24H estimated earnings show potential earnings within the price fluctuation range based on a $1000 deposit.

• Filtering by 24H estimated earnings allows users to see which pools are trending.

• Currently supported platforms: Uniswap, PancakeSwap, SushiSwap.