A close look at trading volumes on Uniswap and SushiSwap
Quick Take
- Upcoming DEX updates will lead to an increased userbase and capital efficiency.
- A small part of Uniswap’s volume was generated as a result of wash trading.
- Retail users still create most of the trading volumes on Uniswap.
- SushiSwap is very capital ineffective in its current implementation.
- Bots are already starting to play the leading role in SushiSwap’s trading volumes.
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Author: Igor Igamberdiev
