Since the launch of its NFT AMM product in July, Sudoswap has done $20M of trade volume.
Here are 5 key insights on the platform's growth, its userbase, and where the most money has been made 👇
Credit: All of these stats are based on the Sudoswap dashboard built by on-chain data extraordinaire Andrew Hong. If you're not already following his Twitter, fix that today ✨
1/ 11.3k unique wallets have traded on Sudoswap.
Every past week has been a new all-time high for the active user count. This week is on track to continue that trend.
Similarly, every week has been a new all-time high for trade volume. Sudoswap is exhibiting all the tell-tale signs of an early rocketship 🚀
2/ Currently, the number of wallets that are making purchases on Sudoswap exceeds the number that are making sales.
3/ Sudoswap pools buy and sell NFTs.
Users who provide liquidity to those pools earn fees when trades occur in those pools.
So far, Sudoswap LPs have earned ~300ETH and the protocol has earned 54ETH
4/ The collections that have generated the highest trade volumes and protocol fees are
- Webaverse Genesis Passes: $2.34M trade volume
- BasedGhouls: $1.51M trade volume
- 8liensNFT : $1.67M trade volume
5/ The collections with the highest offer TVL (ETH locked in pools that is ready to insta-buy NFTs) are
- Oxmons: 130ETH
- CloneX: 121ETH
- Sudo Inu: 104ETH
Please like and share the matching Twitter thread for visibility ⚡
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