Weekly fundamentals - Charts and trends to watch in crypto
November 23rd
A walkthrough of the most interesting charts and trends in crypto, with a focus on key business drivers and protocol fundamentals. Let’s dig in!
📈 PancakeSwap’s router handled close to 300M transactions in the past year, more than any other contract
DEX router contracts facilitate the swapping of tokens.
PancakeSwap’s Router V2 contract consumed close to $150M in gas over the past year across 300M transactions, with the average transaction costing ~$0.5.
This means that PancakeSwap handled almost 15 times the number of transactions that Uniswap V2 & V3 on Ethereum did over the past year (~20M transactions, averaging $25 per transaction).
…
O, thanks for the stats :)