Part 1. DEX Updates

— Key Takeaways —

💡 1inch and 0x now integrated into Balancer’s Boosted Pool.

💡 Uniswap V3 will be deployed onto GnosisChain and Moonbeam; Uniswap’s cumulative trading volume has now reached $1 Trillion.

💡 A Curve community governance proposal was passed to remove UST pool gauges.

💡 The overall trading volume this week has recovered back to the pre-Luna level. Volume on Balancer increased significantly.

— DeFi Closeup —

DODO

• The Eleventh Buyback & Burn is Complete.

Paraswap

• A proposal was released to introduce veCRV-inspired vePSP that allows users to commit to the long-term success of Paraswap and earn rewards in exchange.
• Enno Wallet is now integrated into Paraswap.

Balancer

• 1inch and 0x are now integrated into Boosted Pool, which significantly boosted trading volume on Balancer.
• Released Aura Finance, a tool that helps users to maximize their mining rewards on Balancer.

Matcha

• Released Gasless trading feature which enables gasless trading experience by connecting users directly with institutional market makers.

Uniswap

• Uniswap V3 will be deployed onto GnosisChaina and Moonbeam as the corresponding community proposal has been passed.
• The cumulative trading volume on Uniswap has now reached $1 Trillion.

Tokenlon

• Its test contract has been deployed on Arbitrum Testnet.
• Limit Order’s first round of audits and bug fixes have completed.
• Will soon release veLON token along with new governance mechanism.

Curve

• A proposal that calls for the removal of UST pool gauges on Curve has been passed.
• Trading fee revenue on Curve continues to reach record high.

— Market Overview —

SpookySwap

• Released a proposal to suspend POL buyback to increase the benefit of current $BOO holders and SpookySquad members who purchased $BOO during the recent market crash.
• Announced Partnership with CyberCityinc, a Metaverse gaming project.
• Announced partnership with PaintSwap. PaintSwap will now migrate their DEX to SpookySwap.

QuickSwap

• Projects that migrated from Terra to QuickSwap with over $100K liquidity will be whitelisted.
• A community governance proposal was passed to compensate affected users by the GoDaddy Domain Hijacking.

Astropot

• Will be deployed on Terra 2.0. A new token will be airdropped to current $Astro holders after a snapshot.
• Tokens on Terra Classic and Terra 2.0 will not be interoperable, but features remain identical.

SpiritSwap

• Felix Exchange will list $SPIRIT. $SPIRIT will be the first native token from Fantom to be listed on this exchange.

TraderJoe

• $JOE and $HAT can now be traded directly in Coinbase Wallet.
• Released Joewar overview.

Part 2. Data Tracking

Trading Volume and Market Share

In terms of trading volume, the overall market volume has recovered back to the pre-Luna level. Trading volumes on Curve decreased significantly, meaning the overall stablecoin trading has returned to a normal level. Volume on Uniswap, Pancakeswap Orca, and Biswap increased significantly. Volume on Balancer also increased thanks to the integration of 1inch and 0x. Sushiswap’s volume increased as well. mm_finance decreased significantly.

In terms of market share, the first 3 DEXs on the list are Uniswap, PancakeSwap, and Curve.

The Aggregator share of DEX volume on Ethereum mainnet remains largely the same from last week.

Whale Watch

Whales’ activities on Ethereum mainnet remain largely the same from last week.

Part 3. Project Analysis

PaintSwap

• PaintSwap is a DEX and NFT marketplace on Fantom.
• What’s special about PaintSwap is that it's token $BRUSH has unique use cases: Users are able to pay for services on PaintSwap’s marketplaces with $BRUSH, such as listing NFTs, etc.
• PaintSwap has recently announced that it will separate its DEX product from the NFT marketplace. The migration will remove the majority of the liquidity pools on PaintSwap, and migrate the rest to SpookySwap. However, the migrated pools will retain the benefits from PaintSwap.