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Unveiling Uniswap's User Growth Across Various Blockchains & Layer 2 Solutions: An In-Depth Analysis

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Unveiling Uniswap's User Growth Across Various Blockchains & Layer 2 Solutions: An In-Depth Analysis

https://preview.redd.it/j4c6e72o190b1.png?1536&format=png&auto=webp&s=a6741eec200cda07b4496f5bdff2029a5cbec9e2

just updated our On-Chain Analytics Dashboard and wanted to share some exciting insights about the phenomenal growth of Uniswap across various blockchains and Layer 2 solutions over the past year.

1️⃣ Ethereum: Uniswap's user base on Ethereum has shown a solid growth trajectory, expanding from 5.49 million to 7.05 million users. This represents a 28% increase, with an average of 4.3k new users joining the platform daily. The robust growth underscores the platform's appeal and its successful user acquisition strategies.

2️⃣ Polygon: Uniswap's adoption on Polygon has seen a substantial growth of 169%, with the user base expanding from 643k to over 1.7 million. On average, 3k new users have been joining daily, with a noticeable surge to between 4k-5.5k/day since mid-March. The consistent growth highlights the power and attraction of Layer 2 solutions in the DeFi sector.

3️⃣ Optimism & Arbitrum: The growth of Uniswap on these Layer 2 solutions has been nothing short of explosive. On Optimism, there has been a 1.6k% increase in users, while on Arbitrum, a staggering 2.2k% growth has been observed. These trends strongly suggest that the future of DeFi seems to be scaling with Layer 2 solutions.

Our dashboard offers a comprehensive, data-driven narrative that helps you understand these growth patterns and trends. For a deep-dive into these insights, you can visit our dashboard [here] (https://flipsidecrypto.xyz/jackguy/uniswap-new-users-939O6k).

A huge shout out to http://cantina-pines.xyz/ and u/MetricsDAO for their invaluable contribution to this project. We look forward to hearing your thoughts and feedback about these insights and the future trajectory of DeFi adoption and growth.

submitted by /u/MTG-oracle
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