Dr. DODO is Researching

Posted on Nov 03, 2022Read on Mirror.xyz

DEX|Weekly Brief 10.21-11.3 (EN)

Part 1. DEX Updates

— Key Takeaways —

💡 Paraswap initiated a proposal to launch PSP Token Economy 2.0.

💡 The proposal to deploy Pancakeswap to Aptos has passed.

💡 1inch limit order protocol was integrated into the Gnosis multi-sig wallet

💡 In terms of trading volume, the overall trading volume of the market in the past two weeks has increased by 54% compared with the previous two weeks. Most exchanges increased in trading volume compared to two weeks ago. The exchanges that performed better were Balancer, Canto, and Velodrome; the exchanges that performed poorly were Sunswap, Jupiter, and Raydium.

— DEX Roundup —

Balancer

  • AAVE has launched a new proposal that aims to bring Balancer's LP assets into AAVE's collateral scope.

  • 1inch supported Balancer's boosted pool on Optimism.

Paraswap

  • Paraswap initiated a proposal to launch PSP Token Economy 2.0.

Pancake

  • The proposal to deploy to Aptos has passed.

— Market Overview —

Uniswap

  • Uniswap published a research article discussing issues related to the Uniswap TWAP oracle.

Sushiswap

  • Sushiswap initiated a proposal to update some treasury multi-signature accounts.

  • Sushiswap integrated the Transak fiat currency transaction component.

1inch

  • 1inch limit order protocol was integrated into the Gnosis multi-sig wallet.

  • 1inch has partnered with @RevolutApp to launch "Learn&Earn" courses.

Part 2. Data Tracking

Trading Volume and Market Share Analysis

In terms of trading volume, the overall trading volume of the market in the past two weeks has increased by 54% compared with the previous two weeks. Most exchanges have achieved increase in trading volume. The exchanges that performed better were Balancer, Canto, and Velodrome; the exchanges that performed poorly were Sunswap, Jupiter, and Raydium.

Source: Coingecko

In terms of market share, the top three DEXs were: Uniswap, DODO, and Curve. Uniswap's market share increased slightly compared with the previous two weeks. DODO continued to maintain second place, but the market share decreased slightly compared with the previous two weeks. Balancer rose to fifth place. There are multiple exchanges new to the top 20, including Kyberswap, and Woofi.

Source: Coingecko

The Aggregator share of DEX volume on Ethereum had a slight decrease compared to the previous two weeks, from 19.94% to 15.6%.

Whale Watch

Compared with the previous two weeks, large-scale, medium-scale, and small-scale transactions remained the same.

Part 3. Project Analysis

Sablier

  • Sablier is a streaming payment protocol developed based on the ERC-1620 standard, which aims to give a time dimension to transfer transactions.

  • Sablier supports ETH、BSC、Arbitrum、Optimism、Polygon、AVAX。

  • Users can complete a payment by setting the sender, receiver, payment start time, end time, and payment token contract. When the recipient picks up, the contract calculates the number of tokens that can be claimed through the timestamp.