TherecentreportbyPhoenixGroupshowsthatUniswapistheleadingDEXthatgatheredthemostwebtrafficwithinthelastmonth.ThestatisticsprovideadeeperunderstandingofthewebtrafficdistributionindifferentpopularDEXplatforms,indicatingshiftsinactivityratesandgeographicalprevalence.
#WEBTRAFFICTODEXESFORTHELASTMONTH
#Uniswap#PancakeSwap#Sushi#Raydium#1inch#Osmosis#LFJ#Quickswap#Balancerpic.twitter.com/qOCfoiDQrn—PHOENIX–CryptoNews&Analytics(@pnxgrp)October15,2024
UniswapDominatesDespiteaDecline
Uniswap,amajordecentralizedexchangebuiltontheEthereumnetwork,recordedthehighesttotalvisits,at2.8M,lastmonth.Eventhoughitwitnessedaslumpof24.8%intrafficinthepreviousmonth,Uniswapremainsahead.Acrossthesites,theuser’saveragepageviewpersessionwasabout4.45,andmosttrafficseemedtobefromtheUnitedStates,India,andBrazil,showingtheplatform’spopularityandimpactworldwide.
PancakeSwap:HoldingStronginSecondPlace
PancakeSwap,DEXonBinanceSmartChain,receivedthesecond-largesttrafficwith1.2Mvisits.Thesitesawa16.7%declineintrafficthismonthbutremainssteadywithitsusers.ThismadePancakeSwapstandoutwithanaveragepagepervisitof5.81,whichimpliesthatusersaremoreinvolvedwiththisplatform.
Sushi:ThirdbutStable
Sushi,anotherlargeactorwithintheDEXspace,saw869kvisitslastmonth,a21.1%dropintraffic.Again,itreflectsanengaginguserlevelbydisplaying5.21pagesviewedpervisit.
RaydiumFacestheSteepestDrop
OfallleadingDEXs,Raydium,whichfunctionsontheSolananetwork,recordedthehighestdecrease,withatrafficdropof35.0%.Theplatformrecorded864Kvisits,andthenumberofpages/visitswas4.52.
1inch:NotableGrowth
Incontrasttooveralltraffic,whichhasdippedslightlythismonth,the1inchexchangehasreporteda69,9%increaseinmonthlyvisits,reaching598K.Itwasobservedthatitsusersvisiteditanaverageof6.04pagespervisit.
OsmosisandOtherPlatforms
Osmosis,aDEXconnectedtotheCosmosecosystem,got223Kvisitsandhada25.3%declineintraffic.AnotherrelativelyunknownplatformwasLFJ,whichwitnessedadropof45.7%andhasvisitsof210K.Atthesametime,QuickSwapreceived198Kvisits,whichis25.7%morethaninthepreviousmonth.Balancersawfewervisits,with88.1Kuniquevisits;theoverallvisitsdeclinedby23.9%fromthelastmonth.Fromthereport,itiseasytoseethatinterestandusageofdecentralizedexchangesarequitevolatileglobally,butUniswapremainsdominantdespitethedropinactivity.ThesenumberssignifythatDEXsaregraduallyplayingasignificantroleinthecryptocurrencymarket,thoughusers’interactionschangeeachmonth.
blockchainreporter.net