Polygon News

March 23, 2022

PolygonInsights - WEEK11

Polygon News

Hola readers! In the past week, Rarible added support for Polygon NFTs, Universe Finance’s lending and leveraged vaults are launching on Polygon, and Hypernet is now #poweredbyPolygon.

Let’s dive in.

Key takeaways:

Daily active addresses increased for the third consecutive week, breaking the 400k milestone for the 5th  time. Many DeFi dApps are seeing huge week over week movements, including QuickSwap (60k, +13%), KyberSwap (34k, +99%)  SushiSwap (13k, +10%), UniSwap v3 (11k, +39%) among many others.  

  • Gas Fee saved by using Polygon: $29 Million daily ($10 per Txn)

For in-depth weekly analysis threads, view our Analytics resources on GitHub.

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