Introduction

Uniswap is the biggest decentralized exchange, and also one of the biggest Gas Guzzlers in Ethereum. In this article, we will examine how the main feature of Uniswap (trades) behaves given different gas prices.

The data for this article is provided by Dune Analytics, you can find a companion dashboard here

https://twitter.com/MikeJamesBezoge/status/1508920196991533069?ref_src=twsrc^tfw|twcamp^tweetembed|twterm^1508920196991533069|twgr^|twcon^s1_&ref_url=https%3A%2F%2Fmirror.xyz%2Fnotawizard.eth%2FE95rfolqmUHqd88vmpK-iz7Yg7fmMRyo9PvX9cDRQlk

Structure

This article will start with some sections exploring the plots in the Dune Dashboard. After that, we will dive deeper into our findings using Python. Next, we will look at Arbitrum and Optimism data. After that, we will conclude our analysis. In the end, you will find some notes on the methodology for getting the data.

Ethereum Gas Prices Recap

Uniswap Ethereum Gas Guzzling Overview

Gas impact on Uniswap Ethereum Trades

Diving deeper into the data

Arbitrum and Optimism

Conclusion

Extra: Methodology

Extra: Code