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.

We are happy to welcome you to our official Discord server or answer your questions via GitHub Discussions. Thanks for reading!

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