1 year ago
Uniswap V3 has go the astir fashionable Ethereum declaration successful 2022, ranking archetypal erstwhile it comes to full state utilized passim the year.
According to information from Dune Analytics, Uniswap V3 utilized up implicit 2.8 cardinal state successful 2022. This is much than 3 times higher than the magnitude of state consumed successful Uniswap V2, showing that users person flocked en masse to the DEX’s newest iteration.
Uniswap V2 besides saw 17% of its transactions reverted, the highest percent retired of each of the astir fashionable Ethereum contracts.
The decentralized speech besides saw a full of 15.5 cardinal transactions this year, surpassing OpeanSea’s Seaport NFT marketplace and OpenSea itself. With implicit 1.5 cardinal unsocial addresses, Uniswap V3 besides ranks higher than immoderate different Ethereum dApp.
Table showing the apical Ethereum contracts successful 2022 by full state utilized and fig of transactions (Source: Twitter)Only elemental Ethereum transfers utilized up much state than V3 this year, with implicit 3 cardinal state spent connected implicit 141.6 cardinal transactions. Tether’s USDT saw 27.7 cardinal transactions this twelvemonth and utilized up 1.4 cardinal gas, portion Circle’s USDC utilized up 572,000 state for 10.4 cardinal transactions.
Table showing the full state utilized and fig of transactions for ETH transfers, Uniswap V3, Seaport, Wyvern, and USDT successful 2022 (Source: Twitter)Hayden Adams, the laminitis of Uniswap Labs, the institution down the fashionable DEX, celebrated Uniswap’s success:
“Cool to spot Uniswap V3 was the astir utilized declaration connected Ethereum by a wide borderline for 2022.”
Adams noted that V2 of the decentralized speech was inactive among the apical 5 astir utilized contracts connected Ethereum. He said that updating routing and liquidity drastically improved the idiosyncratic acquisition connected the dApp, with the transportation revert complaint connected V3 reducing by fractional erstwhile compared to V2.
“Also chill to spot V3 transactions neglect fractional arsenic often arsenic V2, showing the benefits of concentrated liquidity and each the routing improvements we made.”
Uniswap’s popularity made its genitor institution a unicorn this year. In September, sources adjacent to the institution revealed that Uniswap Labs was preparing for a $100 cardinal backing circular to grow its offering. At the time, respective media outlets speculated that the circular would worth Uniswap Labs astatine $1 billion.
However, the company’s $165 cardinal backing round successful October exceeded expectations and brought its valuation to implicit $1.66 billion.
The station Uniswap V3 was the astir utilized Ethereum declaration successful 2022 appeared archetypal connected CryptoSlate.
English (US) 