Failed Transactions On Sushiswap

Source: Image

In this article , we aim to show which user action results in the highest rate of failed transactions? Compare swapping, borrowing, lending, and adding or removing liquidity on Sushiswap-Ethereum.

What is Sushiswap?

SushiSwap is an automated market maker that uses UniSwap’s code. Users can swap cryptocurrencies, borrow, and receive rewards on a platform that runs on Ethereum.

With SushiSwap, users can buy and sell different cryptocurrencies between themselves, like on a traditional exchange.On SushiSwap, tokens are supported by smart contracts rather than a single central entity, and users lock crypto on the software which traders can then access.It should be noted that traders who trade locked assets pay a fee, which is then shared proportionately among all liquidity providers.

Approach

Here from the below analysis, we aimed to show the overall Sushi transactions and also their failed and successful transactions , and also we aim to show the Sushiswap transactions by action too as follows,

  • Daily Failed and Successful transactions
  • Daily Failed And Successful Percentage Rate
  • Daily Net Transactions
  • Daily Failed and Successful transactions By Action
  • Daily Failed And Successful Percentage Rate By Action

Insights and Visualization

Conclusion

  • from the above analysis , we can see the overall net transactions on daily basis were in decreasing trend from May 2022 to Oct 2022.

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