TOP PROJECTS WITH HIGHEST TRANSACTION VOLUME ON ETHEREUM BASED ON A 7 DAY DATA
Ethereum is open access to digital money and data-friendly services for everyone no matter what your background or location is. It’s a community-built technology behind the cryptocurrency ether (ETH) and thousands of applications you can use today.
Here are the Top 10 projects with the highest transaction volume on Ethereum within 7 days listed down below.
1. UNISWAP V3 — $11.67B
Uniswap v3 is a noncustodial automated market maker implemented for the Ethereum Virtual Machine. In comparison to earlier versions of the protocol, Uniswap v3 provides increased capital efficiency and fine-tuned control to liquidity providers, improves the accuracy and convenience of the price oracle, and has a more flexible fee structure.
2. CURVE — $2.28B
Curve is an exchange liquidity pool on Ethereum designed for extremely efficient stablecoin trading and low risk, supplemental fee income for liquidity providers, without an opportunity cost.
Curve allows users to trade between correlated cryptocurrencies with a bespoke low slippage, low fee algorithm. The liquidity pool is also supplied to lending protocol where it generates additional income for liquidity providers.
3. UNISWAP V2 — $2B
The Uniswap protocol is a peer-to-peer1 system designed for exchanging cryptocurrencies (ERC-20 Tokens) on the Ethereum blockchain. The protocol is implemented as a set of persistent, non-upgradable smart contracts; designed to prioritize censorship resistance, security, self-custody, and to function without any trusted intermediaries who may selectively restrict access.
There are currently three versions of the Uniswap protocol. V1 and V2 are open source and licensed under GPL. Each version of Uniswap, once deployed, will function in perpetuity, with 100% uptime, provided the continued existence of the Ethereum blockchain.
4. 1 INCH NETWORK — $1.65B
This protocol incorporates the Pathfinder algorithm which finds the best paths among different markets over 70+ liquidity sources on Ethereum, 40+ liquidity sources on Binance Smart Chain, 15+ liquidity sources on Avalanche, 40+ liquidity sources on Polygon, Optimistic Ethereum, Arbitrum and Gnosis Chain. In just over two years the 1inch DEX aggregator surpassed $120B in overall volume on the Ethereum network alone. The 1inch Aggregation Protocol facilitates cost-efficient and secure swap transactions across multiple liquidity sources. The 1inch Liquidity Protocol is a next-generation automated market maker that protects users from front-running attacks and offers attractive opportunities to liquidity providers. The 1inch Limit Order Protocol facilitates the most innovative and flexible limit order swap opportunities in DeFi. The protocol’s features, such as dynamic pricing, conditional orders and extra RFQ support, power various implementations, including stop-loss and trailing stop orders, as well as auctions.
5. SUSHI — $1.17B
SushiSwap is an automated market-making (AMM) decentralized exchange (DEX) currently on the Ethereum blockchain. In addition to DEX, SushiSwap involves a collection of governance, operations and reward contracts that help grow the SushiSwap ecosystem and utilization.
6. COWSWAP — $1.01B
CoW Protocol matches trades via batch auctions for a variety of on-chain liquidity sources. Trades can be settled via underlying on-chain AMMs directly or via DEX Aggregators, depending on which pool/path offers the best price. It is thus essentially acting as a DexAggregator of the DexAggregators. In addition to that, before finding the best price for a trade from available on-chain liquidity, Cow Protocol first seeks a coincidence of wants within the existing batch to offer an even better price than any pool can.
7. LOOKSRARE — $996.42M
LooksRare is the community-first NFT marketplace that actively rewards traders, collectors and creators for participating. Part of being community-first means that LooksRare rewards, empowers, and gives back to the platform’s users and creators. Users that buy or sell NFTs from eligible collections earn LOOKS tokens. 100% of trading fees are earned by LOOKS stakers. Creators get royalty payments at the moment of sale.
8. OPENSEA — $889.97M
A JavaScript library for crypto-native ecommerce: buying, selling, and bidding on any cryptogood. With OpenSea.js, you can easily build your own native marketplace for your non-fungible tokens, or NFTs. These can be ERC-721 or ERC-1155 (semi-fungible) items. You don’t have to deploy your own smart contracts or backend orderbooks.
9. COMPOUND — $535.22M
Treasury Accounts convert your U.S. Dollars to USDC, a digital dollar stablecoin, which are supplied to the Compound Protocol to generate secure, high-yield interest. We partner with Fireblocks for custody and Circle for USDC.
Compound Treasury Accounts are securities, exclusively offered to accredited institutional customers under Rule 506(c) of Regulation D.
10. POLYGON POS BRIDGE — $260.39M
Polygon has a trustless two-way bridge that allows users to move funds from Ethereum (deposit) and back (withdrawal) without incurring third-party risks and market liquidity limitations. The bridge takes 7–8 minutes for deposits, 45 mins to 3 hours for withdrawals and supports a number of standards including ETH, ERC20, ERC721, and ERC1155.
