Copy
‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

About this newsletter


The Uniswap Report is a weekly summary of activity on the Uniswap Platform.

Subscribe now to have each issue delivered to your inbox with each week's highlights, top exchanges and stats like trading volumes and liquidity reserves.

Uniswap Report

May 14 - 20, 2019

Protocol stats

LAST WEEK

W/W CHANGE

% CHANGE

Active Exchanges 31 -9 -22%
Liquidity Reserves, ETH 30,351 -238 -1%
Trading Volume, ETH 79,577 +24,105 +43%
Traders 1,060 +18 +2%
Active Liquidity Providers 145 -8 -5%

🏃‍♂️ Dai: ATH trading volumes while liquidity flees


Liquidity continued to exit the DAI market this week while reaching all-time high trading volumes. The continued trend is more likely connected to the bull market sentiment than Maker governance:
  • 46,396 vol / 4,905 liq (today's report)
  • 25,463 vol / 6,773 liq (May 14)
  • 15,932 vol / 8,403 liq (May 7)
The DAI market is important to Uniswap and even the broader DeFi ecosystem. While the market remains healthy, the trend could ultimately be damaging.

So, will the bull market trample Uniswap's DAI market? It is possible -- we would see liquidity fall to a point that cannot sustain trading volumes that attract and retain liquidity providers (i.e, a death spiral). Given this week's traders and volume, the market looks safe.



 

💧 Superfluid Collateral Watch


Most of the liquidity was removed from the exchange for ownership in the Uniswap Dai exchange last week.

Starting new markets on Uniswap is difficult. Early Liquidity Providers are punished by arbitrageurs. Sustainable markets require that traders show up to provide trading fees. In this case, the market generated a total of 7 trades from 4 traders.



 

📊 Protocol trends

 

Top Exchanges

Last week's Top 15

VOLUME (ETH) ▼

TRADERS

LIQUIDITY
(ETH)

--- DAI
0x89d24a6b4ccb1b6faa2625fe562bdd9a23260359
46,396.17 524 4,904.55
--- MKR
0x9f8f72aa9304c8b593d555f12ef6589cc3a579a2
17,361.54 191 12,165.91
▲ 2 USDC
0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48
3,044.58 68 849.83
▲ 2 WETH
0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2
2,890.37 46 4,633.83
▼ 2 TUSD
0x8dd5fbce2f6a956c3022ba3663759011dd51e73e
2,713.59 23 1,240.47
▼ 2 BAT
0x0d8775f648430679a709e98d2b0cb6250d2887ef
2,065.77 69 1,412.12
▲ 2 REP
0x1985365e9f78359a9b6ad760e32412f4a445e862
592.92 54 459.84
▲ 2 LINK
0x514910771af9ca656af840dff83e8264ecf986ca
400.97 51 114.96
▼ 1 BLT
0x107c4504cd79c5d2696ea0030a8dd4e92601b82e
399.12 21 143.57
▼ 3 SPANK
0x42d6622dece394b54999fbd73d108123806f6a18
364.12 46 199.59
▲ 10 XCHF
0xb4272071ecadd69d933adcd19ca99fe80664fc08
285.23 22 541.31
▲ 4 TKN
0xaaaf91d9b90df800df4f55c205fd6989c977e73a
269.55 16 171.15
▲ 1 ZRX
0xe41d2489571d322189246dafa5ebde1f4699f498
241.62 53 289.54
▲ 11 NEXO
0xb62132e35a6c13ee1ee0f84dc5d40bad8d815206
233.83 22 66.62
▼ 3 ANT
0x960b236a07cf122663c4303350609a66a7b288c0
218.47 30 190.11
Sharing URL: https://mailchi.mp/blocklytics/uniswap-report-2019-05-21?e=[UNIQID]

Want to get in touch?
Twitter | Email

Uniswap Factory: 0xc0a47dfe034b400b47bdad5fecda2621de6c4d95