Swing Highlights | ParaSwap
Swing Highlights | ParaSwap
Let's take a look at behind-the-scenes action at ParaSwap.
Say goodbye to the hassle of manually comparing rates across decentralized exchanges!
ParaSwap makes it simple, fast, and secure to exchange ERC-20 tokens in one place at the best rate.
Let’s dive in 👇
#SwingHighlights
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ParaSwap pools liquidity from over 100 liquidity sources to find the best rates for your swap.🔀
🛡 Plus, they alert if there's a risk of slippage or failure!
🔗 https://www.paraswap.io/
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~ An Overview
👉 ParaSwap has already processed more than $47 billion in swaps from almost 7M users.🌉
👉 ParaSwap has 425,694 unique users year to date while 8,254 unique addresses actively use the platform daily.📊
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~ Revenue Statistics
👉 In total, ParaSwap has collected $37.7 million in fees and $7.6 million in revenue.💸
👉 ParaSwap generated around $79K in revenue on May 2023 and nearly $220K in April 2023.📈
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~ User Overview
📈 Cumulative user count is increasing regularly and it is close to 7 million in total.
📶 The number of unique wallet addresses has been growing month-on-month since Jan 2023 with an average growth of ~10%.
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~ Trading Volume
👉 With a consistent average weekly Trading Volume of $200M, volume on #ParaSwap is up by +43% for the quarter, peaking above $1B in the first week of March 2023.
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~ Total Volume
📌 Ethereum has the highest volume share among ParaSwap-supported blockchains. Second place is Polygon and Avalanche follows.
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~ Monthly Transactions
📶 Most of ParaSwap’s transactions occurred through Polygon blockchain in 2023. Additionally, Arbitrum has increased its share since March 2023.
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~ AVG. Trade Size Per Txn Per Chain
👉 On ParaSwap, Ethereum’s average trade size per transaction is higher than any other blockchain, followed by Avalanche and Arbitrum.
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This is an edition highlighting key metrics from cross-chain bridges, blockchains, and decentralized liquidity sources from our partnered ecosystem.
Stay tuned as we bring you regular #SwingHighlights.
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👨💻 Get Started with Swing Today
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