According to Messari
According to Messari
Hayden Adams, the Uniswap Creator, was just a 23-year-old native from the suburbs of New York in 2017 when he was terminated as an engineer at Siemens.
Adams started to rewrite an application from scratch, and his friend built an elegant new user interface for uniswap in addition to what he describes as a "incredibly shitty" react code base.
Fast Forward five years, and Uniswap still managed to claim his position as a Dex leader.
uniswap’s persistent dominance
According to Messari's new report, the title "Crypto Thesis for 2023, Uniswapdie V3-Its has proven to be a" real 10-fold improvement "in relation to the operating capital that the decentralized stock exchanges needed to carry out" reliable and smooth "operations.
The existing automated market makers (AMMS) have not mastered several challenges. For example, the transaction handling of PankcakeWap is considered to be quite centralized and is based on a close relationship with the popular CEX - Binance. In addition, the collapse of Terra Osmosis hit hard, while the self -burning of FTX Serum killed.
Since Amm Dexs are busy facing their own unique challenges, Messari's report says that they are being discharged with symbolic tricks or marginal price improvements. Ryan Selkis, the founder of the market research company, believes the uniswap could be an "unassailable protocol" in the AMM
"You do not compete for fees, you compete for the value and the uniswap has proven that uniswapist is the greatest competitor of when it comes to creating added value for his users. The only question that I have for 2023 is how the community will design and implement the fee change of the protocol at the university-to-use To guide the state treasury. “
2022, Uniswap collected $ 165 million in a series B round with an assessment of $ 1.7 billion. The Dex became a unicorn after receiving support from Polychain Capital, including Andreessen Horowitz, Paradigm, SV Angel and Variant Fund. In the same year, his risk capital arm entered the NFT room and announced a partnership with the crypto payment processor Moonpay when he expanded his game with the new Fiat integration.
largest gas eater
Uniswap V3 became the most popular Ethereum contract in 2022 and took first place in relation to the total gas consumption in the course of the year. Data indicate that the latest iteration of the popular Dex has used 2.8 million gas, which is more than three times as much as the amount of gas that was consumed last year in V2.
In his V2-literation, 17 % of his transactions were also undone, the highest rate of all top ethereum contracts.
Total, uniswap recorded a whopping 15.5 million transactions, as it exceeded the SeaPort NFT marketplace from Opeansea and the NFT giant Openea itself. In the meantime, his V3 won the top position with over 1.5 million clear addresses, more than any other decentralized application of Ethereum.
.