一. DEX Updates

— Key Takeaways —

💡 DODO becomes the honored sponsor for 2023 #Ethhongkong

💡 Innovatively proposing and implementing the elliptical AMM curve, GyroStable builds upon the infrastructure of Balancer.

💡 Preheating: crvUSD is expanding its ecosystem on AAVE.

💡 Paraswap's total trading volume exceeds $53B.

💡 Trader Joe's proposal for STIP has been approved.

💡 Project Interpretation - Eigenfi: Providing Visualized Data for MEV.

💡 In terms of trading volume, the overall market trading volume increased by 19.55% in the recent two weeks compared to the previous two weeks, maintaining an active growth. Influenced by the warming market conditions, on a bi-weekly comparison, DEXs have generally seen a significant increase in trading volumes, especially on the 24th, when the market surged by over 10%, leading to a noticeable rise in trading volume. DODO performed well, while Thorchain's trading volume fell back to previous levels.

— DEX Roundup —

DODO

• DODO is honored to be a respected sponsor of #Ethhongkong in 2023.

• The DODO team will travel to Hong Kong @EthereumHK from October 22 to 24.

• @FoxWallet supports use on DODO's dAPP.

• The 28th DODO buyback and distribution was completed, with 195,093 $DODO tokens distributed.

Balancer

• cronfinance developed a smarter burn mechanism for @MakerDAO using TWAMM.

• Thanks to the special discounts given to 1inch and cowswap, Balancer routed $256 million in frictionless trades.

• Utilizing Balancer's infrastructure, GyroStable innovatively proposed and implemented the Elliptical AMM curve.

Paraswap

• Overall trading volume is on the rise: an increase of 19.1% over the past 30 days.

• Paraswap's total trading volume exceeded 53B.

• Dexalot completed integration with @paraswap, marking a CLOB DEX on AVAX.

Curve

• Coming soon: crvUSD will expand its ecosystem on AAVE.

• Pendle has absorbed 5% of the crvUSD supply.

— 市场一览 —

Trader Joe

• Joe's STIP proposal has been approved.

• Trader Joe's SA account made it to the Trending list.

Uniswap

• Uniswap wallet has launched its Android version.

• Open source directory released for Uniswap v4 Hook:

• Starting October 17th, Uniswap's frontend charges a fee of 0.15%, only applied on swaps where both input and output tokens incur a fee (ETH, USDC, WETH, USDT, DAI, WBTC, agEUR, GUSD, LUSD, EUROC, XSGD, excluding stablecoin-to-stablecoin trades). It has already generated a revenue of 17.5w.

PancakeSwap

• Matcha has integrated Pancake V3's liquidity on Ethereum.

• When mentioning Uniswap's frontend fee, PancakeSwap humorously claims to have the lowest swap fe

Part 2. Data Tracking

Trading Volume & Market Share

In terms of trading volume, the overall market trading volume has increased by 19.55% in the recent two weeks compared to the previous two weeks, maintaining an active growth in trading volume. Influenced by the warming market conditions, on a bi-weekly comparison, DEXs have generally seen a significant increase in trading volumes, especially on the 24th when the market surged by over 10%, leading to a noticeable rise in trading volume. DODO performed well, while Thorchain's trading volume fell back to previous levels.

In terms of market share, Uniswap tops the list with its market share expanding to 50%, possibly related to the warming market and active on-chain trading. PancakeSwap remains in second place, followed by Maverick, Curve, and DODO.

Part 3. Project Analysis

Eigenfi: Providing Visualized Data for MEV

This is a tool mainly aimed at data analysis for MEV behavior in DeFi activities. Their feature is providing real-time token flows, filtering out redundant information, connecting traders scattered transactions across different DeFi protocols, enabling users to identify their trading strategies. Eigenphi offers sandwich attack monitoring, lending and real-time liquidation data monitoring, flash loan behavior monitoring, and real-time MEV token flow display, along with tools to monitor the hottest liquidity pools, hottest tokens, and malicious tokens.

Features:

• It can identify and track on-chain MEV captures, such as arbitrage, sandwich attacks, liquidations, etc., showcasing the MEV market while also providing detailed information on each MEV transaction. In EigenPhi, each MEV transaction can be clearly seen in terms of its entire operation behavior and logic, simplifying and revealing complex interaction processes, transaction costs, profits, etc., making it easier for users to understand.

• On the Overview page, EigenPhi can tell you the actual trading volumes, actual profits (gross profit - miner fees) of various MEVs, their respective proportions, and growth situations, providing users with a comprehensive view of the current MEV market.

• EigenPhi also has a Research section, offering the latest research reports to understand MEV occurrences from a professional data perspective.